Looks like some are forgetting how concept stocks behave in the early stages of a structural breakout.MTM is exactly where IPX was in its early run - strong thematic tailwinds, early commercial traction, and serious momentum just starting to build.
This is not your typical “value” play with a DCF model. It’s sentiment + strategic narrative trade, and MTM is ticking both boxes right now:
Very cool tech with potential disruptive economics
Institutional research coverage just starting (Petra’s 96c is day 1 stuff…)
The market still hasn’t fully priced in what it means to be a first mover in US e-scrap gold recovery + Ga/Ge critical metal processing.If this delivers even half of what’s being set up: low capex, modular, high-margin; it re-rates multiples from here IMO.
Price discovery phase is underway - and this is usually the hardest time to get conviction before it’s obvious.Let the tourists flip their small gains. The real move is structural, not sentimental. This, in my humble view will now easily surpass $1 in the very near term.
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