Cicero are acting as corporate advisors to TMT. Sonu Cheema, a partner at Cicero, is a director of TMT. This is an exceptionally low EV on listing of ~$1.4m, this is taken from the prospectus after all IPO costs. Upon listing almost all stock is escrowed except the $0.20 IPO stock.
The initial focus is the **anintha Project in WA which is prospective for vanadium and other precious metals. The project neighbours Australian Vanadium (AVL, market cap $15m). The prospectus also outlines the company will continue to evaluate other resource based projects with a focus on technology and precious metals.
TMT Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
