TNG low (0.37%) grade which I don't love despite their TIVAN advances. $853m capex with 3 year payback, higher BE, using US$22/Kg sale price in feaso where I use $20 in my vals...
Of the two HG options it comes down to relative valuation and near term expectations for me... AVL double TMT MC/t Vanadium. TMT also waiting on resource upgrade and metallurgy due any week / day now.
Happy to hold both and taking the view both will proceed allows some arbitrage as the two SP's surge and stall towards production.
![]()
![]()
- Forums
- ASX - By Stock
- i am in, moved my money from JRV to TMT
TNG low (0.37%) grade which I don't love despite their TIVAN...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TMT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online