Australia's largest stock trading and investment forum Australia's #1 stock forum

MR1

0.00%

4.0¢ montem resources limited.

Here it is. Our last day on the ASX. Hopefully HC will keep this...

First 11 Last

Share
Profile

Follow
Oscar98

162 Posts.

30

21/04/23

12:12

Post #: 67394493
Share

Originally posted by Taraross: ↑

the thing that makes me bullish is will bridge turned his cash That was owing to him from montem into shares and lochanberg as well turned his cash “loan” to montem into shares

both had the opportunity to get there cash back but both opted for shares in montem instead ask you self the question why would they do that when they both knew it was about to delist of the asx??

if I had to put a valuation on montem atm will be 8-10 cent a share

obviously the more they de risk tmrex the higher valuation

also massive government grants in this space too to look out for. Canyon creek phes received 15 million grant for there 200 million project. I think we can pull more then them in the realm of 40-80 million. Plus there is a tax deduction on the build of the project of 30 percent from memory. Don’t hold me to it.

having transalta as the main lead in the project will unlock the project imo and will be full steam ahead

montem have a decision on there hands. Need to get rid off all coal land and go 100 percent green. Sack all coal projects chinook turn them in as well and Doyle no need for him any more unfortunately eating up a massive pay packet for no reason.

Put will bridge as main guy

go full steam ahead tmrex and unlock a value potential of 800-1 billion (50 percent)

massive potential here whoever got in at around the 10 million market cap prior to delisting

good luck to all holding, I have a fair few shares in this as I got suckered into the coal space and Gina around the corner I thought it was a great bet

let’s go Mr1 you might be a beauty after all

Expand

Here it is. Our last day on the ASX.

Hopefully HC will keep this thread open after we de list so that we can still keep in touch.

I agree 100% time to axe all the coal plans and focus on the TM-REX once we finish the legal proceedings.
There is no guarantee we will relist anywhere yet, or a timeline.

MR1 Price at posting: 4.0¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

CTT

Cettire shares jump on FY24 revenue growth up 80% vs pcp – but stock still badly bruised

NWC

New World Resources inks complete PFS for Antler Copper Project in Arizona, USA

LRL

Labyrinth shares rocket by 219% on news of Comet Vale and Vivien gold project acquisitions

ATH

Trial for Alterity's neurodegenerative drug ATH434 shows reduced disability

AI stocks: What to expect in 2024-25