I am happy for this to stay cheap, as I continue to accumulate. This is a long term play and I intend to hold at least until **anintha is producing. They tick all the boxes an investor in this space should be looking for: multiple assets, low CAPEX to start production, good history of being able to raise capital with institutional support (without diluting the shares too much), a long mine life for their project, involved in multiple in-demand commodities, excellent management track record, positive ESG position, government cooperation, AND It is positioned in Western Australia.
I am not sure if there is anything else I would want from a small cap mining company. AND it’s in the vanadium space which has huge potential upside. I think I recall Ian Prentice saying they may be producing 6-7% of the world’s vanadium when **anintha is finally producing. Patience game from here.
TMT Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held