MTM mtm critical metals limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-178

  1. 10,189 Posts.
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    WMG clear example and a dozen more I can list bought tenement for 250k forward 3 months later 70 million market cap it touched. GeoMega signed the deal on an investment of 3 million dollars in Pomme committed by MTM plus shares plus 250k and a 500 million dollar valuation to buy back 1 percent of the profits. That’s not cheap. Directors all increasing their holdings and preparing from now to make sure feasibility of the project is viable. On top of that from the quarterly:

    “Since its discovery in 2010 and subsequent resource delineation, Geomega have undertaken extensive metallurgical test work on the Montviel deposit. The work demonstrated that effective recovery of REE and Nb could be achieved using a combination of flotation and hydrometallurgy processes. Recovery of a phosphate product is also feasible.Geomega underwent a strategic change in direction in 2016 away from exploration in order to focus on mineral processing technologies. They have subsequently de-merged their exploration portfolio (apart from the Pomme and Montviel projects) and developed a proprietary and patented metallurgical process (US15/578,498) for the treatment of the REE Page 7 mineralisation. This process technology is currently in optimisation stage.

    MTM will engage further with Geomega as exploration advances with a view to being given the opportunity to test their technology as a potential processing option for a future development of the Pomme project”

    Geomega needs the investment from outside community to help develop Quebec and that’s the difference. Right now 15 million market cap prices in nothing and is already in the league of 70-100 million dollar market cap. GeoMega is a 2.5 billion dollar asset waiting to be extracted that’s the difference
    Last edited by Roch2077: 03/05/23
 
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