Just a couple things:
Mr Market doesn't know TMT exists. 550k shares traded is hardly a majority.
RCF increased their holding and 90% of the company is owned by a couple hundred people.
Once the ball starts rolling it will be next to impossible to build a big holding on the cheap.
The only bad thing TMT specific has been the EPA delays but in saying that, TMT is the furthest along in regards to EPA.
Any fluctuations in vanadium price will affect the whole vanadium sector.
The Danish fund was a plan for a while and has progressed to a letter of interest with finance of up to $150m. Proving that TMT set plans and work toward them.
At any moment the EPA approval could come in, followed by TATA/RCF/NAIF/EKF/other offering finance.
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Just a couple things:Mr Market doesn't know TMT exists. 550k...
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