MTC 4.55% 21.0¢ metalstech limited

Ann: MetalsTech Limited Changes to Board and Management, page-98

  1. 5,093 Posts.
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    Share price is not the way I would compare them. Yes, the entire battery metals sector sector has been sold down this year for various reasons, there's a trade war going on for a start.

    Probably a good place to start comparing would be cash in the bank and exploration activities and plans. EUC has about 18m cash left, or so I believe without checking, and their drilling is being well conducted. They've refurbished underground and started underground drilling in addition to the surface drilling. Tolga knows how to mine and manage mining exploration companies. That is the comparison I make, not share prices which are affected by many different factors, including sentiment, which for this sector in general is not as high as last year. Good drilling results will help Tolga prove a resource which will then be factored into the market cap of EUC. We haven't drilled Cancet for a year and have no plans to do so, or the funds to pay for it if we did. That's the comparison I'd make.
 
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21.0¢
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22.0¢ 22.0¢ 21.0¢ $15.69K 73.26K

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1 33882 21.0¢
 

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22.0¢ 28789 3
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