MTM mtm critical metals limited

What’s everyone’s thoughts on this? 3a/b- Milestone /...

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    What’s everyone’s thoughts on this?

    3a/b- Milestone / Performance Rights Cancelled:


    C) Securing grant funds from a Federal or State Government body of at least $5 million within 12 months of the Commencement Date that can be applied to development of the FJH technology


    D) Securing a development partnership with a Corporate entity/entities that secures funding of at least $5 million within 12 months of the Commencement Date

    that can be applied to development of the FJH technology


    F) Secure a sub-license agreement for use of the FJH technology by an entity that will result in the generation of revenue of no less than $1 million within the first 12 months of the license being issued.


    Replaced by: (Schedule 3)


    J) The 5-day VWAP reaches A$0.37 and does not fall below that price over the following 5 consecutive Trading Days


    K) The 5-day VWAP reaches A$0.50 and does not fall below that price over the following 5 consecutive Trading Days


    I) The 5-day VWAP reaches A$1.00 and does not fall below that price over the following 5 consecutive Trading Days.


    Initial thoughts are (based on a very high level skim, will need to dive into it a lot deeper) that it sounds like material deliverables are being paid off for VWAP levels, or have I interpreted it wrong? Bit of a red flag for me if price action is now the only focus.

 
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(20min delay)
Last
54.0¢
Change
0.035(6.93%)
Mkt cap ! $249.3M
Open High Low Value Volume
52.0¢ 56.0¢ 51.5¢ $3.509M 6.529M

Buyers (Bids)

No. Vol. Price($)
4 68509 53.5¢
 

Sellers (Offers)

Price($) Vol. No.
54.0¢ 15143 1
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
MTM (ASX) Chart
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