MTC 5.26% 20.0¢ metalstech limited

Ann: High Grade Lithium Mineralisation at Adina Project, page-70

  1. 5,112 Posts.
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    No, certainly not.

    It still looks like a good long term hold to me, with a price target of $2 - $4 if we actually do the work this year and don't get tempted to just @*## about with ridiculous ideas like obtaining cobalt projects and spinning them off instead of exploring our many very promising projects.

    Actual exploration run by geologists. Instead of cowboys playing with paper, no matter how good they are at obtaining finance.

    You were very keen to participate in the proposed iCobalt spin-off, what was your price target for those 2 projects which now will remain in our stable 100%? Do you still see any value in those 2 projects?

    Where do they feature in your 10c target for MTC?

    I seem to recall you expecting to make multiples on your investment in iCobalt, weren't you going to have your partner buy in to MTC to increase your exposure to the priority offer?

    I do wish you much profit, and think you'll get it.
 
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