TSTR Historical Presentation7 Dec 2020 14:52
As all we longstanding T!Ts countdown the hours to delisting and I clear out my TSTR folder, I thought it might be interesting to hear the selling points made at a presentation at the Novotel Tower Bridge around 7-8 years ago. The main bullet points, taken down in my own fair hand, were:
- China is responsible 90% of the world's production
- Antimony is used in Flame ******ants and Batteries
- The market has a current growth rate of 3-6% per annum
- It is 300x more scarce than Copper
- It traded at a 'low' of $10,000 per tonne in the early 2000's but is now $13,000 and rising
- There is a deficit of 50/55,000 tonnes forecast over the next three years (so that would have been by 2016)
- We will become THE alternative processor to China
- The UAE is tax free and has good infrastructure
- The Roaster will cost $60m (stop laughing at the back please!)
- Of the 20,000 tonnes we aim to process per year, half will come from TSTR owned or controlled mines
- China had just taken an extra 7-8000 tonnes of Antimony ingots for internal use the week before and therefore reduced the world's production by 10% that week
- Japan needs to be independent of Chinese imports of Antimony within 3 years (so, again, 2016!)
- Electrical Cell in batteries is a HUGE new use of Antimony ....& finally, my favourite....
- We expect 9 months construction and then 3 months commissioning for the Roaster!!!
Bear in mind, this was all given as an Investor Presentation case around 7 years ago.
For the avoidance of doubt, I will remain with my shares tucked away but want to extend a warm heartfelt thanks to Wassatt (the original creator of the Morning T!Ts greeting), SHD, Krispy and all the posters that I have enjoyed over the last 8 years. I wish you and all the PI's still on this train the very best of luck and I hope we do arrive at Liquidity Station one day. For the last time on TSTR, I will say....GLA!!!