MTM 1.32% 3.9¢ mtm critical metals limited

You cannot compare MTM to Geomega like thatThey have different...

  1. 767 Posts.
    lightbulb Created with Sketch. 59
    You cannot compare MTM to Geomega like that
    They have different focus
    You could compare potential resources between their projects being similar

    Geomega has a different focus - "building the world’s first SUSTAINABLE RARE EARTHS RECYCLING FACILITY"
    They have been sitting on their asset for the better part of a decade or longer
    Their project isn't their focus at all
    Their website states: "Project has been on stand-by since 2015 to allow scale up of Geomega’s processing technologies"
    Hence why their lower valuation of $20m of where they sit
    Would you buy a company who isn't focused on developing their standout resource?
    I'll let you answer it for yourself.

    Further, yesterday, Dreadnought (DRE) announced a 20Mt @ 1.03% TREO resource
    They are valued at $180m+ market cap
    I am not comparing DRE to MTM, rather DRE to Geomega's resources
    Geomega have a resource 4x larger than that of DRE, and of higher grade

    One of the things that DRE and MTM have in common is that they are exploring and developing their projects aggressively with their capital
    Last edited by Invesorys: 06/07/23
 
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3.9¢
Change
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Mkt cap ! $11.24M
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4.3¢ 4.4¢ 3.8¢ $153.1K 3.714M

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2 45000 3.8¢
 

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Price($) Vol. No.
4.0¢ 116449 2
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