Thanks Maxi , so that's how it makes sense to me from a technical point.
From another perspective and addressing your concerns re. management and the lithium & cobalt , these items were Hot 1- 2 years ago so management was on the right track but this gold resource is an absolute company maker imo.
Whatever is with managements past everyone deserves and needs a second , third chance in this business , I've dealt with the ex MD of Summit Resources Alan something in the past, he went belly up a couple of times over the years before he struck it rich with uranium going back about 13 years or so & Paladin Resources bought them out for $500 mill. He was in the right spot with the right resource and found a buyer with big pockets.
I'm quite certain the SP will increase in due course once the seller is gone and management want to see the SP going up, if NOT , I can easily build a 10-20 mill & be at 20% share holding and me and my investors can easily take MTC for $15 mill , fully fund the gold mining with con. notes no dilution in the short term and than see where the market cap will end up.
PS: this pricing scenario I posted before for MTC at a P/E ratio of 10 this would equate to $12.50 per share, at a P/E of 15 it is $18.75 within a year max 2 years does not even take into consideration resource increase or gold price increase
Than there is the lithium & cobalt , give it a couple of years world and oil price will back to normal , batteries , electric cars will be the future again and by than MTC should be well positioned financially to look at developing these tenements
- Forums
- ASX - By Stock
- Ann: MetalsTech Fast Tracks Drilling at Sturec Gold Mine
MTC
metalstech limited
Add to My Watchlist
0.00%
!
14.0¢

Thanks Maxi , so that's how it makes sense to me from a...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.22M |
Open | High | Low | Value | Volume |
13.0¢ | 14.0¢ | 12.5¢ | $9.223K | 70.50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 5193 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.130 |
3 | 40619 | 0.125 |
2 | 108341 | 0.120 |
1 | 10000 | 0.100 |
1 | 10500 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 5193 | 2 |
0.145 | 346700 | 4 |
0.150 | 50000 | 1 |
0.155 | 42840 | 2 |
0.195 | 1250 | 1 |
Last trade - 15.31pm 24/06/2025 (20 minute delay) ? |
Featured News
MTC (ASX) Chart |