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11.1% 5.0¢ titan minerals limited

IMO...What a let down : The bottom line in this quarterly is...

  1. xray1
    1,139 Posts.
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    03/11/14
    15:11
    Post #: 14228527
    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.
    TTM Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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