Nice sentiment (I wish!) but I doubt you'll ever see a distribution from MTC. I suspect this Chair ain't going to give anything away to minority shareholders while he has the reigns. MTC is capital hungry on account of it's corporate costs which are high but so too for keeping a rig on site in Slovakia along with lab processing etc. Funds raised for New lithium Co (whether that be an outright asset sale or a demerger) could partially be diverted to MTC under the guise of a "fee/reimbursement" for setting the company up, costs etc. A similar thing happened with another demerger I was in recently in (Firebird Metals from Firefly Metals) and that took off.
Ann: MetalsTech Announces Spin Out of High-Grade Lithium Assets, page-49
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