I thought Titan was a reasonable buy at 1.7c .
Titan's financial salvation doesn't just lie with upping production but reducing admin which is way too high .
Still think Titan can turn it around but by that time how many shares will there be and what percentage interest will we have left in Western Australia ?
Norwest has a market cap three times Titan and if they can get Arrowsmith to demonstrate commerciality they look like a better buy .
Can't see any hurry to average down here .
Ann: TTE 2013 Annual Report , page-42
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