MCT

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Ann: Quarterly Activities Report, page-10

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majorlooksm

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12/11/18

14:10

Post #: 36471763
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Originally posted by red-frog: ↑

I will be going to the Perth Conference on Tuesday where Matt will be presenting on behalf of the company.

When I phone him earlier today, he said investors will get a much clearer idea of why they have rejigged their tenement holdings and what is the thinking behind changing focus to nickel and copper in the Fraser Range.

I gave him a bit of a grilling today over the constant changes and let him know I wasn't happy with the lack of drilling MCT has done in recent times. He said there was a POW lodged for the new ground and they plan to hit the ground running.

I asked why there was no mention of the cobalt in the quarterly and he said he would be in a position to outline the plan for both the cobalt and lithium in the next week.

He obviously believes nickel is the key metal going forward and is very bullish on the Fraser Range. That was vey clear.

I also asked about the KML IPO and whether it is realistic to expect it to list this quarter. He said the Canadian market didn't slow down for about 4-6 weeks like Australia, so he was hopeful it could still happen this year but conceded it may be early next year.

Expect an announcement before the conference, either later this week or early next week imo. I'm thinking we may get something clarifying a few things, then the big-picture presentation.

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I'm assuming that this conference is on the 13th?

MCT Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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Ann: Quarterly Activities Report, page-10

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

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Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

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Ann: Quarterly Activities Report, page-10

Top Stories

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Westgold sets its sights on top five producer status through merger with Karora

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Featured News