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21.0¢ metalstech limited

Ann: Sturec Gold Project - Strategic Process Update, page-43

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patience

17,911 Posts.

910

06/05/24

12:22

Post #: 73683221
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Originally posted by LoveGod: ↑

Webinar last Friday:

Multiple site visits complete.
Multiple options.
Current Trans Metal Funds $120,000,000 total bid seems lowball
Minmetals bidding process putting on price pressure.
Gold has risen 15% from $2,000 to $2,300 since initial bid received in January.
Chifeng has almost 10% of MTC shares.
Multiple different interested Chinese parties attending site visits.
Decision will be made shortly.

Who's selling cheaply today ? I've come to the conclusion that if Chifeng makes a cash bid, then they will be paying 10% of the cash back to themselves as a major MTC shareholder, so they are probably thinking why not sell a little to try and keep the price flat whilst volume is so low whilst they can keep it down to make a bid have more chance of being successfull....

The danger for Chifeng is MTC then sell it to Trans Metal Fund, so Chifeng better make sure there offer is better than Trans Metal Fund or else they are shooting themselves in the foot trying to be sneaky...

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I'll tell you who are selling it's the Blue Muppet Army
MTC Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 21.0¢		Change -0.010(4.55%)		Mkt cap ! $41.28M

Open	High	Low	Value	Volume
22.0¢	22.0¢	21.0¢	$15.69K	73.26K

Buyers (Bids)

No.	Vol.	Price($)
1	33882	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
22.0¢	28789	3

View Market Depth

No.	Vol.	Price($)
1	9100	0.220
1	33882	0.210
2	19878	0.205
1	6749	0.190
3	56000	0.185

Price($)	Vol.	No.
0.220	28789	3
0.225	24522	3
0.230	800000	3
0.235	10000	1
0.240	4000	1

Last trade - 15.59pm 30/07/2024 (20 minute delay)

MTC (ASX) Chart

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