RE: Shaun Bunn7 Jun 2025 22:04
GlennHoss,
I think the consumption Globally of Titanium Tio2 is roughly 10 million metric tons currently, and we claim to have anywhere in the region of 28 to 32 billions worth, 4 to 5 billion of the weathered Cap. So it's one thing to have it in abundance, its another to dominate or control a market of 10 million annuall ouput, albeit growing and compete in a very limited competitive market against established suppliers who won't excatly be fine to see something as large break into their market. So there will be Sharks in the water already, as a find of this kind on paper currently will be sought after.
I think SB has done a terrific job of it so far, as these are a minnow outfit, had a rough beginnings, changing their name a few times, unfortunate what happened in Georgia but looks like he has stepped up to the challenge. But I agree with Cev, he will have in mind a price or target he wants to put this company in and once someone who makes an offer he can't refuse he will sign off on this and I wouldnt blame him. He is a geologist and likes what he does, he doesn't seem like someone who wants to be running a company as a business long term. I can't say much for the others, Greg, Neil they have been around long.
I also think there is more work than people expect here, I always enjoy Ageos detailed break downs of geology nature but he has incorrectly suggested early 2024 that a lot of this would be signed off by end of that year, and has jumped the gun prior to it now being independently assessed with far more drilling. So its important to just invest what you can, not on the subtle suggestion of others on when and what to expect, 18 months off "cusp, Unicorn and a very Bulllish Shaun has people getting far too ahead of themselves, far too early and expecting things that are nowhere near complete.
Im unsure on next week's direction, the cup and handle smashed it for the week, thats usually followed by a level up but as a non revenue, mining outfit on AIM about to embark on a large drilling period id be a fool so suggest this will fly next week. The truth is, I dont know. But I can tell you this, no one else here does either.
When someone tells you its going to fly, leave them hanging dry mate and invest at your own speed