and, not to mention, the sale of non-core assets (such as the Eneabba Project which has a resource of 161mt at 2.5% HM (9.8% zircon, 15% rutile leucoxene, 61.7% ilmenite) has entered the arena as a possible alternative to needing to raise any more funds from the market.
One day, I suspect we'll look back when TB is a core asset in a multi billion dollar enterprise and we'll chuckle at the fact that even once fully defined we were shareholders at a time when the Resource traded at a value of less than $30mil (at 7c in March 2020). And even $250mil will seem like a total underestimation of the cash cow that TB most likely is. Let's see who's still holding some shares when after year 4 a large portion of debt has been paid down and the pre-tax NPV of the asset is approaching $2bil.
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and, not to mention, the sale of non-core assets (such as the...
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