Ann: RIU Explorers Conference Presentation, page-15

First 15 Last

Share
Profile

Follow
andres

6,831 Posts.

1729

22/03/18

16:54

Post #: 31957075
Share

Originally posted by Prepper ↑

it's unlikely that MCT will mine all projects without partners and a successful TSX-V listing.

AB is there and ready but not very interesting for sophisticated investors, Zinc is not exactly the rarest resource but is becoming increasing important as its use case expands starting with battery tech companies like RedFlow RFX

The world is shifting to battery ingredients and that's where the money is concentrating to help achieve that necessity of replacing fossil fuels. the cost of production of batteries and devices such as cars are starting to come down with the gradual scaling, once we hit a global 2-3m electric cars capability per year and at least 1-2 giga factory equivalent battery manufacturing capability the price of ingredients will sky rocket regardless of abundance (take OIL as the example over the last century, its still enormously abundant but extraction costs have increased driving prices up).

the world wealth will be controlled and concentrated into the battery ingredients and manufacturing industry as it evolves itself into a beast of its own.

without lithium and cobalt results multi-bagging MCT then we sit and wait very slowly for death or Zinc being dug out, AB started with MCT publicly 3 years ago, DTM should have happened in today's day and age already but here we are waiting longer than required for 'economic conditions'.

Just How hungry is management? (in front of resistance to get AB out of the ground)

hmmmm moment for me

Expand

How hungry?

Management has a lot of stock in MCT. MCT has MOUs with Minmetals and CNFC (JV) which are active.

Matt Gauci has been road showing in Asia and North America relentlessly and has come back with equity placements from serious zinc players. MCT was the only company a while back who was part of the Chinese battery association conference. MCT secured Shanghai Metals as a major investor - a very difficult task to get companies of that stature involved with an Australian minnow.

There has been steady refinement of the Admiral Bay model and step by step, things are progressing. MCT is drilling Cobalt and Zinc - also secured the largest landholding in the Pilgangoora area, prospective for Lithium.

Remember that Admiral Bay is potentially the largest undeveloped zinc resource globally.

You can bet your bottom dollar that Matt and the team are determined to make AB a success.

Last edited by andres: 22/03/18

MCT Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
12 Upvote

2 Great analysis

Reply

Top Stories

Failure to report prompts ASX to impose multiple company suspensions

LU7

Strong PFS numbers solidify Lithium Universe's big plans for Québec

IRE

Iress runs 'hot' for Wealth Within's stock tips

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia