Yeah, I'm a newish holder and even feel a negative sentiment towards management, without even considering what happened prior to Sturec.
I feel like another two reasons this is being held back is that the mining license is only for another 18-24 months from memory. Or is this just typical? Like do exploration/mining companies just take licesnes like this for exploration and then apply for a longer one once a PFS, DFS of BFS are completed?
The second reason is that there's still not really enough gold for an underground oepration, although the drill results have been positive and I'm hoping that they can prove up a decent underground JORC resource. If the open pit was granted then there'd probably be another 0 on the end of the share price.
All in all, just glad they are hitting gold.. the rest can wait.
MTC Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
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