If I understand this correctly, we have projects worth exploring, especially Cancet but we want somebody else to explore them for us because none fit our risk profile, not even Cancet. We are now however looking for new projects that are worth us exploring, and would like to acquire one to explore for viable mineral deposits.
I'm not sure this will help our allegedly ongoing efforts to sell down the lithium projects. Are we saying that we would like to explore for minerals but we just haven't got any tenements worth the risk of spending any more money on, so would anyone like to buy a share in the ones we do have while we look for something more worthwhile?
It would be nice to be free carried on the future exploration just in case we're wrong about the risk/reward profile?
That's not going to get us a very good deal is it? As a sales pitch it seems designed to get the lowest price possible, for some reason.
MTC Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)