"Sturec project up to an expanded universe of strategic parties and end-buyers" That's the bit that puzzled me a bit. It is good to get an update at least to assure that the process is still on track for the end of this calendar year. The extra detail about the metallurgy work which presumable may improve the resource picture. Glad to get some communication from management. It would be reassuring to get it a bit more frequently even for small milestones.
The expanding the universe could mean a few different things - maybe. Are the previous intended buyers still in the frame? Is the Board looking to get some competition to the table to improve the outcome? I hope so, especially if the additional interest comes from outside China. If they are from China then they will have to obey the one Beijing Master if it comes to competition between 2 Chinese options.
Anyway I do not expect these questions to be answered unless we do get new suiters. GLAH
MTC Price at posting:
13.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)