It’s going towards a 100 million plus market cap those options will be in the money giving us total 15 million in cash. GeoMega hit a 300 million market cap on its drilling program and the project is well advanced that feasibility study is being fast tracked. Proven world class hits matching 100 million plus dollar companies and proven Carbonatite to total depth of 500m from surface very strong
As shown below from presentation today:
”Excellent geological prospectivity - historic diamond drill holes confirm carbonatite- hosted rare earth element and niobium mineralisation over 500m downhole intervals off two holes”
”Premium location, accessible and proximal to known existing REE resource”
MTM Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)