RE: Thomas / Cosgrove Ti02 Resource16 Mar 2025 19:34
• The ability to produce a high-purity, contamination-free product will make Empire’s titanium highly valuable and potentially a premium-priced material.
• The costs involved have not yet been confirmed but that’s because we are refining the flow sheet, which in turn will allow us to build a small plant, with the aim of running it for a short period of time. It’s not the cost of the build, it’s the cost to run it but if our flow sheet is as productive as possible (going really well so far) we can confirm in a short timeframe & keeping costs low.
Positioning Pitfield as a Strategic Asset
• Empire is focused on positioning Pitfield as a high-end titanium supplier, rather than competing in the lower-margin, bulk commodity market.
• The strategy is to ensure they can demand premium pricing, rather than being at the mercy of fluctuating market prices.
• Whether Empire produces titanium metal themselves or supplies it as a high-quality feedstock to another company will be a commercial decision down the line.
• The key message for investors next week is that Empire has the ability to produce high-purity titanium suitable for premium applications, setting them apart from competitors.
Next Steps
• The pilot plant will scale up production to provide physical samples for industry testing.
• Marketing efforts will highlight Empire’s ability to produce top-tier titanium without costly purification.
• Investor and industry engagement will continue, with a focus on securing strategic partnerships and funding.
Key Takeaway
Empire’s OTC listing is a major step in attracting global investors, with an extensive roadshow planned. The company remains focused on proving its value, securing funding, and positioning itself as a premium supplier of high-purity titanium, rather than seeking an early buyout.
The MRE is ongoing and runs in tandem with the pilot plant design. One is not dependent on the other.
All in all, it’s extremely positive & Shaun is so focussed on NOT taking shortcuts. He is not interested in short term gains, and is only interested in long term value creation. Arabella was a key player in the OTC listing.
Both very clued up & were in good hands.
This is going to be huge, don’t sweat the short term in any way! Get in, buy what you can, hold what you can and try to enjoy being part of a company that will turn the titanium industry on its head.
I might add more over the weekend.
ML