These results back in May catapulted MTM's SP to over 20cps.What will anticipated imminent results offer.
Could be huge/massive from here, where last weeks trading ended up over selling and dumping the SP to it's lowest point.
At $3.5 mil MC and only 98mil SOI, it's got every chance of being a major runner on next results.
DRILLING CONFIRMS FURTHER RARE EARTH ELEMENT
MINERALISATION AND INCREASED POTENTIAL AT EAST
LAVERTON
Highlights:
Drilling results confirm that the broad REE mineralisation at the Pt Kidman
prospect extends far beyond previously known zones.
Higher grade drilling intersections include:
o 29m @ 1,667ppm TREO
o 29m @ 2,116ppm TREO
o 12m @ 2,564ppm TREO
o 11m @ 2,753ppm TREO
o 4m @ 3,400ppm TREO inc. 1m @ 8,752ppm TREO
Mineralised envelopes with drill intercepts exceeding 1,000ppm TREO now
identified over approximately 12km2
Mineralisation contains a significant proportion of valuable heavy, magnet
and critical rare earth oxides over thick intervals up to 29m, including:
o High value Nd+Pr oxides represent an average of 19.5% of TREO grade
o High value magnet rare earth oxides represent an average 24.4% of TREO
grade
o Critical rare earth oxides (CREO) average 21.7% of TREO grade
o Heavy rare earth oxides represent an average of 11.4% of TREO grade
Drilling confirms continuity of clay-hosted mineralisation over large areas
Large areas still remain untested and are interpreted to be prospective for
similar mineralisation occurrences
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Last
61.5¢ |
Change
-0.020(3.15%) |
Mkt cap ! $279.4M |
Open | High | Low | Value | Volume |
63.0¢ | 63.5¢ | 59.0¢ | $2.068M | 3.354M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 44188 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.0¢ | 76650 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 44841 | 0.605 |
14 | 196772 | 0.600 |
7 | 62241 | 0.595 |
16 | 301245 | 0.590 |
9 | 152479 | 0.585 |
Price($) | Vol. | No. |
---|---|---|
0.610 | 36754 | 6 |
0.615 | 54725 | 7 |
0.620 | 76526 | 7 |
0.625 | 51601 | 5 |
0.630 | 90197 | 6 |
Last trade - 10.52am 26/06/2025 (20 minute delay) ? |
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