Circa $18m market cap
Recent deal will give $6m cash for Sturec drilling and $9m of Winsome shares to be distributed as a specie dividend,
One might argue that Sturec assets are currently being valued at $3m. This is clearly incorrect I am expecting a massive re-rate here very soon.
The $6m will allow a huge amount of drilling at Sturec potentially taking MTC to the point where it is taken out for a large number.
This is a buy
All in my opinion
Ann: MetalsTech Secures $18M Deal for Lithium Assets, page-46
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $45.21M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 23.0¢ | $6.307K | 27.42K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 160558 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 35328 | 2 |
View Market Depth
| Last trade - 13.38pm 19/07/2024 (20 minute delay) ? |
| MTC (ASX) Chart |