TM1

0.00%

3.9¢ terra metals limited

What part of early exploration and low MC do you not...

First 4 Last

Share
Profile

Follow
Cookiecutter567

2,121 Posts.

378

15/07/24

09:36

Post #: 74752258
Share

Originally posted by 2ic: ↑

"The discovery and development of copper-PGE sulphide resources at Dante may become a supporting factor in BHPs decisions down the road and accelerate the development of Dante as significant infrastructure and capital has been spent by BHP in West Mustgrave that can be allocated to Dante."... can you explain why BHP would re-start capex build just to replace their higher grade, lower strip, 100% owned ore feed for Dante's lower grade Cu-PGE+?

While you consider that contradiction, consider what if TM1 discover a higher grade Cu-PGE deposit than Nebo-babel... BHP would still be better off putting their own Lg ore through the plant than paying TM1 half the margin after costs for that higher grade ore. The pie has to be a LOT bigger for BHP to be better off making more money profit-sharing than processing their own ore. Dante Reefs is a different style of deposit with very little Cu-PGE worth putting into the Nebo float tank design imo. Dante is on their own now and probably for ever, until and unless they actually make a real new discovery that is much better than the recycled projects WMC, Traka etc left them.

All you have to do is get a good handle on the cost to mine (DSO or basic beneficiated con) and transport of concentrate to port from Dante, then compare to the revenue potential of the swag of metals contained in the magnetite reefs. It's very simple with a few good peer comps for guidance. Then consider the exploration potential identified and left by Traka, who did a shedload of work right across the Giles intrusive complex btw, no dummies...

Expand

What part of early exploration and low MC do you not understand?

TM1 is NOT, I repeat NOT processing ore tomorrow! And not will it for many years.

Lassonde curve mate! Look it up

TM1 Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

BUX

Buxton projects new graphite province discovery at WA Narryer play

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 17 more messages in this thread...

First 4 Last

Add TM1 (ASX) to my watchlist

(20min delay)
Last 3.9¢		Change 0.000(0.00%)		Mkt cap ! $15.43M

Open	High	Low	Value	Volume
4.1¢	4.1¢	3.9¢	$14.58K	358.3K

Buyers (Bids)

No.	Vol.	Price($)
3	246250	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	7753	1

View Market Depth

No.	Vol.	Price($)
3	246250	0.038
2	450000	0.037
2	33611	0.036
1	44117	0.034
1	102999	0.032

Price($)	Vol.	No.
0.040	7753	1
0.041	80000	1
0.043	127000	1
0.044	400000	1
0.046	457758	1

Last trade - 15.54pm 04/10/2024 (20 minute delay)

TM1 (ASX) Chart

What part of early exploration and low MC do you not...

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

What part of early exploration and low MC do you not...

Top Stories

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News