RE: Asset value29 Nov 2023 13:48
Good to see your figures match mine in general terms.
SV has said the Mcap is peanuts. I tend to agree based on the calculations only I have a reduced level of £390b based on a Jacobi interation which approximated the avg % grade titanium to 5.04%.
Again, there multiples ways of looking at this and extrapolating the data but it is 100% in the BILLIONS figures.
When SB said, we can’t even estimate this roughly as well not estimate it big enough, you know it’s not in the millions.
This SP today, next week or whatever is nowhere near the true value of what we have.
And yes, it’s too big for us to go alone but it’s also too big for tier 1 mining giants to not take a piece of the action. Failure to engage with us (BHP, Newcrest, RIO, Glencoe, Vale………the list is endless) could mean a distinct lost opportunity for any of these companies whether it’s their staple mineral or not. Mining giants need giant mineral deposits.
Ignore the noise! Lock away your shares & above all else DYOR so as to have zero regrets on your decisions.
ML