Temas Resources Corp (TMASF)

[StockInfo11]

Temas recently disclosed a preliminary economic assessment for La Blache projecting a net present value (NPV) of $6.6 billion over a 14-year mine life, based on an annual production of 660,000 tonnes of titanium dioxide, with a payback period of 25 months and an internal rate of return of 60.8%. They also recently concluded the first tranche of non-brokered financing, securing an initial $1.2M in gross proceeds to propel exploration endeavors.
https://thedeepdive.ca/temas-resources-closes-on-1-2-million-in-first-tranche-of-financing/