Add another $50m in-ground value to Sturec as the gold price is now $4056 oz after another stellar run overnight. Silver is also reaching near all time highs at $50.25 oz now.
The way gold and silver is running, it's going to be hard not to see an increase in the sp, even with uncommitted management.
$120m is no longer an acceptable sale price as almost every dollar increase in the gold price goes straight to the bottom line as profit to the acquirer. $200m should be a minimum starting price in any future negotiations imo.
Imagine what MTC could be valued at if we had a proactive board.
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Last
13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $27.13M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $7.751K | 59.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 49270 | 3 |
View Market Depth
| Last trade - 10.41am 24/06/2025 (20 minute delay) ? |
| MTC (ASX) Chart |