Ann: Successful A$30M Two Tranche Placement to Fast Track Growth, page-133

Agree with you there,boomeronrations.I took a look at another gold stock outlined in a market newsletter ie:

MTM Critical Metals

• Share price: 38cps (+1.4% on Monday)
• Market cap: $172M
• Shares on issue: 458.7M
• 1Y returns: +752%

MTM Critical Metals (ASX:MTM) has been on a tear in recent history ever since it brought one interesting claim to market: it can recover gold from e-waste at grades of over 550 grams per tonne (g/t).

(I covered that with my colleague Isaac McIntyre for the HotCopper Wire podcast back in Week 9 of 2025.)

While the company also claims its Flash Joule Heating technology – a way to recycle e-waste that is more eco-friendly than existing methods – can help meet ESG targets, investors have been far more interested in the gold recovery proposition.

Just take a look at its chart across the last year (and consider also the strength of gold through 2024 into 2025.)

Back on May 23, the company confirmed it was ready to start commercially rolling-out a “production-scale FJH unit,” which appears to have turned some investors bullish on the prospects of what could lie ahead.

MTM’s share price chart at 3.00pm AEST. (Market Index)

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Disclaimer: HotCopper did not have a commercial relationship with either Dateline nor MTM Critical Metals at the time this article was crafted and published.

I apologise for the unnecessary guff but if you look at the MC of MTM, its about 1|7 of HRZ, so if we divide 38cps by 7, we get .054cps which is .01 higher than a producing gold stock with massive development in the pipeline and huge reserves and highly promising drill sites.
Have we been gamed or what?

db