MTC

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Ann: Shareholder Update - Non-binding Offer from Trans Metal Fund, page-12

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whiteyg

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30/08/24

21:56

Post #: 75465238
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Originally posted by LoveGod: ↑

PERFECT analysis gberra..

If they accepted TMF offer they would have instantly faced over $20,000,000 blown on Slovakia capital gains tax before shareholders saw anything..

TMF offer was made in January when Gold just $2,000 ----> Today it's $2,535 + 26% ---> TMF offer obsolete

The stage is set for CHIFENG to make a full, clean, nice and easy straight takeover for the 180,000,000 MTC shares it doesn't already own.

The market at 18c thought the TMF offer was rubbish anyway, so the rubbish has been sent off to the rubbish tip.

WHAT WOULD A FULL TAKEOVER OF MTC By CHIFENG , who already hold about 20,000,000 MTC shares they have paid 34c & 40c for look like ?

Are you nervous because our TMF safety net has been removed ? Absolutely ! Except that put a limit on our upside and the market at 18c didn't like it, didn't believe it, thought it was dog$hit, know we are floating in the Air, without a safety net, but floating is where the fun and games can happen because it's a total leap of faith....

Why we shouldn't be worried :

1: Gino & Russell hold about 40,000,000 share between them.... There lives depend on this !
2: Chifeng already hold about 10% and they paid between 34c & 40c when Gold was just $1,850...... They don't want to loose money.
3: Gold is flying...
4: NPV is flying as Gold is flying...
5: Top20 own 80% of all outstanding shares...

Strap on the seatbelts..... TMF was too low ..... The sky's the limit know...

You want the hot Slovakian girls, you have got to be brave, put on the big boy pants & hop on the scooter !

Expand

More twists and turns than an Olympic gymnast

Love your work my unwhacked brother

MTC Price at posting: 18.0¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 15.5¢		Change 0.005(3.33%)		Mkt cap ! $30.51M

Open	High	Low	Value	Volume
15.5¢	16.0¢	15.5¢	$24.32K	155.4K

Buyers (Bids)

No.	Vol.	Price($)
6	222245	15.5¢

Sellers (Offers)

Price($)	Vol.	No.
16.5¢	92780	2

View Market Depth

No.	Vol.	Price($)
6	222245	0.155
2	70000	0.150
3	55000	0.145
2	25100	0.140
1	75000	0.135

Price($)	Vol.	No.
0.165	92780	2
0.170	60600	1
0.185	43695	1
0.190	7500	1
0.195	25000	1

Last trade - 16.10pm 04/10/2024 (20 minute delay)

MTC (ASX) Chart

Ann: Shareholder Update - Non-binding Offer from Trans Metal Fund, page-12

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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

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Ann: Shareholder Update - Non-binding Offer from Trans Metal Fund, page-12

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Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI reaches close of funding facility for salt-first part of Mardie project

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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

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Sellers (Offers)

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