MTL 0.00% 0.2¢ mantle minerals limited

Nevada Lithium Assets, page-8

  1. 749 Posts.
    lightbulb Created with Sketch. 52
    The recent SYA results are from Mallina. We only need to do a wider range of tests. The nickel tenement also has Pd and Ni. Until MTL gets profitable, running a mine overseas will just be an expense that drains from strategic goals.

    The long run might see a merged DEG/MTL/NVO with a huge Mt B complex, Yule, Mallina with gold and lithium and Pardoo with nickel, palladium and magnetite.

    I am in this for the capital gains (a healthy dividend cheque would change my mind) but the firms basically want to make the largest profit they can for as long as possible. Mergers and methodical expansion might see the rise of a new medium to large sized firm that sticks around. A merged firm with the resource base mentioned above would be sustainable on costs and likely market trends.
 
watchlist Created with Sketch. Add MTL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.