$30m is the minimum required to get out and off the ground within the next 12months.
This has always been a long term play on zinc and short on lithium/cobalt depending on drill results.
more than $30m will speed up DSO timelines and $100-200m will get to refining stages within 12months.
The starting capital required in the face of a 20 year mine life profits is negligible, the market just has to commit and they'll be guaranteed crazy profits over the next 20 years, a big plus for instos.
- Forums
- ASX - By Stock
- MCT
- Ann: Quarterly Activities Report
Ann: Quarterly Activities Report, page-92
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MCT (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.971M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $250 | 125K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 45603083 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 75439404 | 63 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 45603083 | 0.002 |
56 | 179585980 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 75239405 | 62 |
0.004 | 57340302 | 13 |
0.005 | 14023264 | 13 |
0.006 | 18470175 | 14 |
0.007 | 15050914 | 5 |
Last trade - 10.57am 17/07/2024 (20 minute delay) ? |
Featured News
MCT (ASX) Chart |