Kyler Hardy on Why Titanium Matters Why Titanium Matters - Kyler Hardy on the Deep Dive: https://www.youtube.com/watch?v=qRtlJGu6tVI
Detailing the need for locally sourced titanium due to counterfeit issues in China and reliance on Russian imports, Kyler Hardy joined the Deep Dive to discuss Temas Resources (TMAS.c TMASF) recently release PEA showing a $6.6 billion post-tax NPV, despite its current market cap of only $7-8 million: https://www.youtube.com/watch?v=qRtlJGu6tVI
Interview Highlights
- Focuses on the titanium industry in Canada, particularly the La Blache and Lac Brule projects.
- Titanium market is substantial, with primary uses in defense, aerospace, paints, plastics, cosmetics, and paper.
- Aims to develop titanium dioxide and metal processing capabilities in Canada.
- Recently updated resource & PEA shows strong project potential and profitability including a post-tax NPV of CAD$6.8 billion, a post-tax IRR of 55.1%, and a short capex payback period.
- Future plans include adding key team members, confirmatory drilling, and moving towards a pre-feasibility study.
- Emphasis on the importance of government support for onshoring titanium processing to reduce reliance on foreign sources.
- Conversations with institutional investors indicate increasing interest in the titanium sector and advanced projects like Tas Resources.
Strongly positioned amid the titanium market, TMAS has significant potential to capitalize on the growing demand with its advanced projects. With ongoing efforts to increase market awareness and investor interest, TMAS is targeting key steps crucial for future growth and project development.
Posted on Behalf of Temas Resources Corp.