MTC metalstech limited

Ann: MetalsTech Acquires Advanced Sturec Gold Project, page-401

  1. 5,505 Posts.
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    That Stock Swami twitter acxount quoted above has made.some.very dubious claims before, I used to follow it over year ago but stopped amid some controversy, can't recall what it was now. He/she is right about the consultancy fees our Bod charges to the company, it's out of order in my opinion and a very bad look, as is the 2% royalty fee which makes it look to me that Moran may seek to offload the project from MTC at some stage but wants to be paid for the duration of its operation by attaching the royalty fee, that's just speculation but why else would he do it? It's unheard of as far as I know for a chairman to do this, especially when he owns.such a large proportion of the company, or is he perhaps looking at offloading his MTC shareholding but wants to be paid for the gold? It invites speculation, this royalty. It appears that Stock Swami may be wrong about the open pit licence being opposed as detailed above
 
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