Temas Resources (“Temas” or the “Company”) (CSE:TMAS – OTCQB:TMASF – FRA:26P0) is a critical minerals exploration company focused in Quebec at the La Banche Project. The La Banche Project is a titanium dioxide asset. The Company recently went though a reorganization and completed a 9:1 share consolidation. In February, then updated in March, the Company released a PEA on the Project that showed a NPV(8%) of C$6.6billion and an IRR of 60.8% (click here to read that news release). Currently the Company has a little over 16million shares outstanding and a market cap of between C$3-4million.
Kyler Hardy, Executive Chairman of Temas joins me to explain the titanium dioxide market in terms of uses, pricing model and major consumers of the metal. I have Kyler explain the reorganization over the past couple years and the strategy to move the La Blanche Project forward.
If you have any follow up questions for Kyler please email me at Fleck@kereport.com.
Click here to visit the Temas website to read over the Company’s corporate presentation.