Archives for July, 2017
Corporate The company has 2.625 billion shares on issue and, at the last traded price of $0.006, a market cap of $15.5M. It has traded between $0.014 and $0.004 over the past twelve months. At 31 March 2017, the company had cash of $2M and no debt. It spent $3.6M…
Zinc has been in the news of late, with mines closing, prices rising, and stocks falling. It all looks good for potential developers and producers. However, over the last few decades zinc has often not performed as expected. The main reasons have been unexpected new sources of non-mine supply and…
South Australia is a small, mendicant state, its population of 1.7M is supported by transfer payments from other states. It is now the proud owner of the world’s highest cost electricity. About 45% of its electricity comes from taxpayer subsidized windmills. In second place is Denmark, also covered in windmills.…
Technology Metals Australia Limited listed at the end of 2016 and announced a maiden resource in June 2017. This was excellent progress, resulting in a vanadium resource of 62.8M tonnes at a grade of 0.8% vanadium pentoxide (V2O5). This includes a high grade component of 29.5M tonnes at a grade…