TTT

0.00%

7.3¢ titomic limited

The one very interesting thing about all this is that TKF is...

First 35 Last

Share
Profile

Follow
3DPrints

519 Posts.

60

23/02/24

23:43

Post #: 72571315
Share

Originally posted by 3DPrints: ↑

Only from an outsider point of view because i have been following this, but i was not following it at the time they first signed the agreement.

It goes something along the line of this, don't take my word for it as I'm not even sure to the accuracy to what I'm saying

First of all, for the supreme court to even hear this the claim needs to be greater than $750 000.
so you have an impact right there

i do believe at some point I saw a cross claim by Titomic so they could be claiming pretty much anything but if I had to guess it would be legal fees, R&D cost, a claim to the total value of the signed contract or all of the above

The announcement went along the lines of TTT and Composite tech signed a binding agreement, of which Composite Tech would buy TTT shares at a certain price if they fulfil certain milestones along the way eventually leading to the sale of TKF machines for manufacturing.

Looking at Composite tech as a company and the history of TTT it has something to do with manufacturing parts for NATO but this is pure speculation.

It is unclear what was to be made all that is certain is that they were trying to make something and a year or so down the track it was still not possible to make said thing.
now as to whether they couldn't make said thing at all or it couldn't reach specific NATO requirements, who knows.
it could even be possible they are now able to make said thing given the additional R&D time

Composite Tech are sueing for commercially misleading conduct which from my understanding they are trying to say TTT said TKF could make the certain thing but it can't, but it is possible that TTT was never that specfic and they said cold spray could do XYZ but never specifically said it could 100% make the product in question.

but that's my understanding of it, I wouldn't take any truth in this comment as I simply dom't know it

Expand

The one very interesting thing about all this is that TKF is CSIRO co-researched technology. So if Composite Tech are saying TKF Cold Spray can't do something and that goes directly against what the CSIRO said it could do, this case could turn very interesting

TTT Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

RCE

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

There are more pages in this discussion • 240 more messages in this thread...

First 35 Last

Add TTT (ASX) to my watchlist

(20min delay)
Last 7.3¢		Change 0.000(0.00%)		Mkt cap ! $73.77M

Open	High	Low	Value	Volume
7.3¢	7.5¢	7.3¢	$24.86K	338.9K

Buyers (Bids)

No.	Vol.	Price($)
1	47939	7.3¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	51000	3

View Market Depth

No.	Vol.	Price($)
1	47939	0.073
2	136995	0.072
4	80123	0.071
4	539388	0.070
1	14492	0.069

Price($)	Vol.	No.
0.074	40000	1
0.080	275000	2
0.084	50681	2
0.085	107050	2
0.086	99820	2

Last trade - 14.25pm 28/06/2024 (20 minute delay)

TTT (ASX) Chart

The one very interesting thing about all this is that TKF is...

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Ava Risk Group expands US presence with A$0.7M Substation Deal

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

The one very interesting thing about all this is that TKF is...

Top Stories

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Ava Risk Group expands US presence with A$0.7M Substation Deal

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News