One thing to consider for the serious investor doing their due diligence, is to go over each of the drill results (holes) found at the bottom of the announcements.
And try and work out in your own mind if the ounces could be feasible... for instance if you have mineralisation for over 100mts and the first 99mts are very low grade .02 to .05 and the last meter is 1000gpt that equates to 100mts @ 10gpt... it looks really good on paper but may not be feasible (I’ve literally seen companies average out and report on holes like that) ... I’d prefer to see 3-4gpt of continuous grades over 100mts of mineralisation.
I’m not saying MTCs ounces are not feasible... they most probably have great feasible mineralisation that will stack up well in the underground model. However if investors are concerned management has a culture of pumping up their assets, this is a good exercise to undertake... for your own peace of mind.
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MetalsTech (ASX:MTC) identifies visible gold at Sturec, page-45
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Last
14.5¢ |
Change
0.015(11.5%) |
Mkt cap ! $30.26M |
Open | High | Low | Value | Volume |
13.0¢ | 14.5¢ | 13.0¢ | $4.435K | 34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8888 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 118807 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8888 | 0.135 |
1 | 6522 | 0.130 |
1 | 15000 | 0.125 |
2 | 29200 | 0.120 |
1 | 10000 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 118807 | 4 |
0.150 | 50000 | 1 |
0.155 | 35745 | 1 |
0.195 | 1250 | 1 |
0.200 | 129500 | 2 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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MTC (ASX) Chart |