MTC metalstech limited

3.85%

13.5¢

Who amongst us intends to vote to return Gino to the Board at...

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rick26

5,505 Posts.

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09/11/18

12:48

Post #: 36447701
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Originally posted by rick26 ↑

We appear to have spent a vast amount of the money raised for the purpose of drilling Terres and many of the other lithium projects we listed with, on aquiring cobalt leases which were then originally to be spun off at terrible terms and limited allowed participation for MTC shareholders.

Then we spent the funds specifically invested by BCC to further drill Cancet and do the scoping study for that, our only proven asset, on drilling what have so far turned out to be dusters. Adina and Bay Lake North are dusters by the looks of it.

So now, with a shareprice trading between 4 and 5c we will need to go back and drill Cancet somehow, as an imperative, in my opinion this is blatantly obvious, if we can get the funds to do it. Funds which we already obtained from BCC but allocated elsewhere apparently.

When will Terres be drilled? By MTC? My money is on never. Didn't we just lose some tenements there also? When they expired and we didn't renew them?

In my opinion we drill Cancet or die now. Our BoD may well have blown it.

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Who amongst us intends to vote to return Gino to the Board at the AGM shortly?

And are there any available procedures to replace our Chairman?

It might help in my opinion.

If only BCC would step up and take a seat.

MTC Price at posting: 5.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 13.5¢		Change 0.005(3.85%)		Mkt cap ! $28.17M

Open	High	Low	Value	Volume
13.5¢	13.5¢	13.5¢	$3.713K	27.5K

Buyers (Bids)

No.	Vol.	Price($)
2	67188	13.0¢

Sellers (Offers)

Price($)	Vol.	No.
13.5¢	1000	1

View Market Depth

No.	Vol.	Price($)
2	67188	0.130
4	44619	0.125
3	138341	0.120
1	10000	0.100
1	10500	0.094

Price($)	Vol.	No.
0.135	1000	1
0.140	22528	3
0.145	126965	4
0.150	50000	1
0.155	35745	1

Last trade - 14.10pm 27/06/2025 (20 minute delay)

MTC (ASX) Chart

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