Also Note on announcement on 2/ 2 / 2024 it clearly stated a "Definitive Sale Agreement " & Disposal will take NO LONGER than 2-3 months.
That bring us to 2 / 5 / 2024 as an expected worst case timeline, which is by end of this week !
I will bet my left testicle that they didn't do a small placement this month and were happy with just $150k in the bank because they believe Disposal will take place as expected... Never forget, Gold and Silver prices have gone gangbusters during this negotiation period, so i'll bet my remaining testicle the Definitive Agreement will be a little more in our favor than the initial 63c total with less future royalties and more upfront payment on settlement considering MTC's largest Chinese shareholder wants there 40c placement they did back in Cash + interest !
Ann: Quarterly Appendix 5B Cash Flow Report, page-4
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $29.55M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 14.5¢ | $29.37K | 193.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 47208 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 10000 | 1 |
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| Last trade - 11.49am 09/10/2024 (20 minute delay) ? |
| MTC (ASX) Chart |