The lack of depth with MTC reminds me of LKE before it surged in October last year. I watched LKE but never pulled the trigger sadly.
Sometimes it takes a while for a stock to hit investor radars. AVZ was like that. My first entry in the mid teens was still too late, the guys who’ve had the most joy got in at 3.5c and 5c.
Good results at Adina could see this blow $0.60. Good results could arrive in as little as 2-3 weeks for all we know.
“approximate 350m x 2km outcropping pegmatite with high grade lithium mineralisation at surface with assays up to 3.12% Li2O”
“The Company will update stakeholders with respect to both visual estimates of spodumene content when drill core is produced (a strong leading indicator of lithium content) and secondly when Li2O results are received following ultimate core analysis and laboratory assay.”
So that’s 2 updates to come.
First of all the initial estimates based upon visual estimates of spod and secondly the final assays.
PS. We closed at $0.17, chart looks good, if we break $0.18 tomorrow (highly likely) we should go back to $0.21 tomorrow.
All opinion only / speculation, DYOR etc
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The lack of depth with MTC reminds me of LKE before it surged in...
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Last
14.0¢ |
Change
0.005(3.70%) |
Mkt cap ! $29.22M |
Open | High | Low | Value | Volume |
13.5¢ | 14.0¢ | 13.5¢ | $16.90K | 124.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52400 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 52400 | 0.135 |
3 | 178494 | 0.130 |
1 | 50000 | 0.125 |
3 | 21973 | 0.120 |
1 | 30000 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 10000 | 1 |
0.145 | 8912 | 1 |
0.150 | 75000 | 2 |
0.155 | 35745 | 1 |
0.170 | 36600 | 1 |
Last trade - 15.30pm 18/07/2025 (20 minute delay) ? |
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MTC (ASX) Chart |