MTC metalstech limited

Ann: CONTINUOUS HIGH GRADE MINERALISATION INTERSECTED AT STUREC, page-107

  1. 4,123 Posts.
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    Haven't posted here for a while as nothing really has changed since my last post.
    As indicated i had a stop loss on a partial portion of the holding with rebuy back at 15c. This seems to now eventuated.

    MTC daily 10.PNG

    Really want to see some action on the daily here and get the MACD back green and stochastics in the right direction. What's positive is the weekly optic seems to suggest the bleeding is close to done.

    MTC weekly 3.PNG

    IMV this support level needs to hold otherwise we're talking 12.5c. It is perplexing the current MC verse the delineated resource but that's the way in the spec end. You can either look at it and view it as something is wrong or view it as opportunity.

    I'm not 100% as to the reason for the delays. I'm in 2 minds. Logically, i can't subscribe with the idea that they received the first few holes, though they were sheeeet said lets withhold that info from the market until we get the last ones through.

    There is a reasonable amount of time that can occur after the receive the raw results from the lab so as to review them internally and produce an announcement. So in that sense can't suggest they've been sitting on them.

    Anyways the results they're getting are excellent and economical. Potentially there's a backlog at the lab. It's similar feedback i've been getting from a few companies. I also have a few contacts in these labs who are saying the same thing in general. Perhaps MTC requested the lab to just send back results for 7,8,9,10 as opposed to trickle feeding it. irrespectively, i think the share price should stabilise here and as suggested i have had some partial fills go through, but am more watching for a bounce here to take back what i sold at 20c. Playing the ebbs and flows whilst i wait hydrobooster.

    SF2TH
 
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Last
14.5¢
Change
0.015(11.5%)
Mkt cap ! $30.26M
Open High Low Value Volume
13.0¢ 14.5¢ 13.0¢ $4.435K 34K

Buyers (Bids)

No. Vol. Price($)
1 8888 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 118807 4
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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