TTM 4.35% 4.8¢ titan minerals limited

What a let down

  1. 1,138 Posts.
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    IMO...What a let down :

    The bottom line in this quarterly is that:

    * Production levels have not been reached: only some 450 oz produced, they should have had at least some 1,500 0z
    to reach expected yearly production figures of 18,000 oz/PA

    * Production costs are still well up: Currently some $890/oz............ what happened to our $700 cost target.....

    * estimated costs for next quarter being some $1.5mill and we only have $450k.
 
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