Hi Batteryboy....Largo's Capex was I believe circa A$250-300M ...TMT has contingencies of A$60m and speaking to company spokesman there are numerous ways to get capex closer to Largo's.
They are targeting 13ktpa production against Largo's current 10ktpa.....I have been told there is a peer analysis survey on the way that has TMT in the lowest quartile of both cost and capex. What TMT has achieved in 18 months is spectacular and my advice to you is to laugh it off....HC is littered with bitter and agenda driven trollers....Let the numbers speak for themselves
TMT Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held