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Message: TTM backs oil thirst to drive molybdenum demand

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Re: TTM backs oil thirst to drive molybdenum demand

in response to Re: TTM backs oil thirst to drive molybdenum demand by ArthurLittle

posted on Sep 08, 08 08:13AM

Extremely aggressive timeline to commence production by QIII 2010, but considering where TTM got today in such short order, I don't think their ambitious plans can be discounted yet. They have a great track record so far. The company is indeed fast -tracking this project in every way ... I think many not knowing the story will be very surprised.

Securing the used equipment will be such a coup if this is accomplished. Remarkable, really. Saves a whole lot of money and a whole lot of time.

Now, this brings forth the question of financing for the used mill, if it happens. The SP needs a real kick in the pants, otherwise there could be a whack of dilution ... unless they secure a lot of debt financing.

I am sure that many of these questions will be answered over the coming weeks and months ...

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