MetalsTech IPO

MetalsTech Limited (Reserved ASX:MTC) currently in the book build process from what I hear. They've secured a very attractive piece of land upon first glance with the major tenement contigous with Nemaska Lithium (TSX: NMX) Whabouchi and Sirmac Deposits -- Nemaska a $300m mkt cap Li producer. Second largest and highest grade Li deposit globally i believe.


MetalsTech looking to raise $6 million with a $9m EV. Backed by former founders of Canada based Atrum Coal (ASX:ATU) -- which was a Disallowed in its first 12months of listing.

World class infrastructure and massive market on its doorstep. This could be a very interesting float.

Some notable names of the top20 too http://www.metalstech.net/investors/top-20-shareholders/

EverBlu Cap out of Sydney doing the deal.

disclaimer: Have bid into the book -- I reckon scale backs will be substantial.