OTCQX:DMMIF - Post by User
Comment by
RRBC2019on Oct 04, 2019 9:47am
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Post# 30196054
RE:RE:RE:RE:RE:RE:Titan's latest corporate "presentation"
RE:RE:RE:RE:RE:RE:Titan's latest corporate "presentation" The people behind Titan have done exactly this. They take mismanaged companies and turn them around.
Galaxy Resources had a marketcap of $22m and $180m of debt. They helped turn that into one of the biggest Lithium companies on the ASX and now only has cash in bank( $200m) and no debt.
Marsland took Naven Mining out of adminishtration ( it had similar issues to CGLD) and helped turn it into a highly profitable mining operation for Dundee. He orchestarted the deal and and then operated it.
They sold Cobalt One for $250m. They put an old busted plant into the business, fixed it up and then sold the company.
This is all in the last 7 years.
So yep a strong history hence why they are backed by some of the best fund managers in the world.
Look at the team they have ready to step into Ecuador. Macfarlane and Marsland ready to go!