MCT 0.00% 0.2¢ metalicity limited

ZINC - massive growth just beginning, page-51

  1. 430 Posts.
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    This off MCT website AB inferred resource
    170
    Mt @ 7.5% ZnEq
    In ground metal value USD$43B = Aussie $56,000,000,000.
    That's not a fabrication. Sure it's inferred, cut it in half if you like still a good number.
    Feas will ascertain mineability, engineering, met recovery etc = payable metal $$$
    Dion you are 100% correct when you say that funding of drilling & engineering will take the risk out of that payable metal calculation, then MCT market cap will gradually reflect the expected NPV. Still a few years away no doubt but 4c will be a distant memory when the chart settles into that groove. Funding (always) required so a good MD must travel around and rattle the can, guild the lily a bit, paint the sky blue - that's his job. It's a tightrope with no net so give the bloke a break ffs. $20M raised from some of the current suitors is bugger all for them to secure feed conc/offtake, getting NA exposure will ratchet competitive tension with Asia so TSX move is a good call imho. Don't forget Napier Range either, shorter term MVT acquired pretty cheap, now the company isn't a one trick pony.
    Show me a resource like AB with that much potential anywhere in the world! I want to see it. There aren't many...


    Hardrock
 
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