MTC metalstech limited
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Ann: MetalsTech Acquires Advanced Sturec Gold Project, page-142

  1. Quanta
    11,703 Posts.
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    20/11/19
    16:46
    Post #: 41536312
    1.3m ounce Measured and Indicated JORC 2002

    300k ounce Inferred JORC 2002

    Stable jurisdiction similar to ADTs project as compared to African gold stocks

    Scoping studies completed

    Prefeasibility studies completed

    $30m spent sunk costs

    A very advanced project for a $7.3m market cap with about $2.1m cash in bank with an EV of $5.2m

    I took a small position at close taking the view that MTC will make another move north 10c+
    MTC Price at posting: 8.4¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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