Temas Resources Corp C.TMAS

Argex failed for the same reason

[TeamEddie]

the project is not viable

[white0rabbit]

The project is viable. The ARGEX and TEMAS TiO2 processes are similar hydrometallurgical processes using solvent extractions and called the HCl process.   With its own pilot plant, Argex has produced TiO2 pigment fully tested and approved by PPG. Argex was viable thanks to the offtake agreements signed for TiO2 and FeCl3 before any production.   KUNCAI in China has developed

[TeamEddie]

Temas has no plan to go to production as clearly stated by the CEO

[white0rabbit]

Unfortunately, TeamEddie seems to be right. There are two main options:   1) Only exploit the La Blache mine This involves extracting TiO2 with a concentration of approximately 16.5%. Such raw material cannot be used to make TiO2 pigment, a minimum of 49% is required for SP (Sulfate Process), knowing that the benchmark is 49-55% and the use of SP is declining In Occident. No one

[LowMoor]

Seems the market is waking up here. Low market cap. Not many shares out is a big plus.

[RJM]

A PEA with a post-tax Net Present Value (NPV) of $6.6 billion and an Internal Rate of Return (IRR) exceeding 60% should bring in lots of interested parties. One of the best PEAs with low capex that I have ever seen. More to follow.

[RJM]

A key part of TMAS' strategy is its investment in innovative extraction technology. The company owns a 50% stake in chloride leach technology, which significantly reduces both the cost and environmental impact of titanium extraction. More to  to follow.

[RJM]

With its project and technology, and the fact that leading TiO2 producers are searching for new assets due to the depletion of some existing mines, TMAS is strategically positioned to meet this emerging supply gap.