I wouldn't be surprised if the next step for MTC is to spin-off the Lithium. Nova Minerals (ASX:NVA) spinning off a 6.3 million tonne resource at 1.38% lithium on the TSXV via a $24m public IPO. The resource at Cancet would have to be around 4-5Mt @ 1.4%+ (at a guess) with plenty of exploration upside potential according to company announcements to date, add to that Adina and the unexplored tenements. If the Nova TSXV listing progresses as it hopes then it will prove the market is willing to pay to play. MTC would then become a pure Cobalt play. This is all just pure speculation and food for thought.
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