TTM titan minerals limited

Dear fellow shareholders, maybe I should give a little...

  1. 498 Posts.
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    Dear fellow shareholders,
    maybe I should give a little background to TTM for those who don't know yet. I posted the link to the 'nextinvestors' article in another thread a few days before.
    "TTM picked up these assets when the market didn't really care too much about gold, silver or copper...In early 2019 TTM and Core Gold (then a TSX listed company) came together to form what TTM is today.
    see: https://announcements.asx.com.au/asxpdf/20190225/pdf/442xrn1nycdld0.pdf
    The pro-forma market cap of the combined company was over $180M at the time of the merger - remember today TTM is actually capped at circa $100M with $18M in cash, despite advancing the assets in recent years.

    When that 2019 deal was done, the gold price was US$1,300 per ounce (now ~US $2,800) and the silver price close to decade lows at ~US$15 per ounce (now ~US $31.5).
    TTM has managed to put out a maiden JORC resource AND attract the likes of Gina to its copper asset with a US $120M deal to earn-in to 80% of this project.
    So with 3m ounces of gold and 22m ounces of silver we think there is a good chance TTM could surpass that $180M valuation from 2019 when gold and silver were half where they are today."

    Now I think that's also important:
    "TTM never had more than $5M in the bank account at any given time but now after a strong $20M raise the company has cash to drill out its 3.1M ounce gold + 22M ounce silver resource in Ecuador.
    TTM is drilling right now, and for the first time in 4 years we get to see the company “aggressively drill” its projects with the cash runway to support it."

    So from todays ann they said:
    "On 20th January, resource drilling recommenced at Dynasty with three diamond rigs in operation, and since then an additional 5 holes for 1,580 metres has been drilled at the Cerro Verde prospect.
    The Company expects to deliver a steady stream of results over the coming months ahead as resource drilling continues.
    A Mineral Resource update is targeted for mid-2025, once resource drilling has been completed and the geological model updated. The updated MRE will be a key input into the Dynasty Scoping Study, where several workstreams are already underway, including metallurgical test work.
    The Company looks forward to providing further updates as exploration, resource and development study workstreams advance at the Dynasty Gold Project."

    I started buying TTM for the first time on the last trading day in 2024 at 35c and bought it again yesterday at the start of trading at 41c with yesterday's close on 45c. So not unhappy!
    I have an unfounded feeling in my stomach today that TTM's SP wants to go north when I look at the latest data.
    https://hotcopper.com.au/data/attachments/6794/6794412-7f89836c90e1410bd33795c7a774fa6a.jpg
    So keep that in mind what I said above and what's important to me:
    company “aggressively drill” for the first time in 4 years and a steady stream of results over the coming months !

    What else do all punters not like here?
 
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(20min delay)
Last
39.0¢
Change
0.015(4.00%)
Mkt cap ! $101.6M
Open High Low Value Volume
38.5¢ 41.0¢ 38.0¢ $725.9K 1.831M

Buyers (Bids)

No. Vol. Price($)
2 5000 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 44469 3
View Market Depth
Last trade - 15.58pm 13/06/2025 (20 minute delay) ?
TTM (ASX) Chart
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