Let's see, minimal confidence in MCT personally, in ~5 years, 3-4 CEO/MDs, they've gone from a medical (orthopedic, PLD Corporation Limited) outfit, to zinc, to gold, to lithium and still have got zilch to show for it...
https://www.investogain.com.au/company/metalicity-limited/
Seems the most recent MCT 'modus operandi' is chase the 'latest commodity' cycle, do a CR, achieve very little (perhaps confirm there is an ore-resource body), then, find a new tail to chase, rinse and repeat...
Anyone remember Amazon Bay Zinc (listing in Canada), which died without CAPEX from the perceived 'TSX OTC-market' listing, then we were all over 'massive gold deposits' in WA, and now lithium chips, next we'll be doing rare-earths...
Luckily this was massively 'risk weighted' in my portfolio, was ~2% at BUY, now 0.11%, one can only hope to get out 'clean' (breakeven) basically....
Happy to be wrong obviously...
ML
Let's see, minimal confidence in MCT personally, in ~5 years,...
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