Nope, not watching it. and im not a huge fan of cobalt as a sector to invest in to be honest. Not to say it wont take off in the future...I don't know.
Probly should have put my money into FCC tho by the sounds of it.
Bit disappointing MTC cant even get the quarterly out on time..
I had a read of the MIN site visit presentation and I just don't even know why Russell would be going to look at it ??... they're looking at hundreds of millions of dollars for the stake up for grabs..... how much cash do Russell and his friends have access too?
I see MIN are also looking to sell it by the end of the year. So if Russell and his Chinese friends don't get it, perhaps they will be looking to invest in MTC?
We'll also know by the end of the year if Russell and Co. end up using MTC as a listed company to acquire Wodgina I suppose.
..geez im really clutching at straws aren't I.... but could be possible..and seems a bit strange Russell would go to the effort of listing a company called "Wodgina Resources" if he wasn't serious.... who knows.
Id love to know how much cash was available to them and just how serious they were.
All in my honest opinion
MTC Price at posting:
6.4¢ Sentiment: None Disclosure: Held
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