I think you’ve covered the various possibilities there! The only thing to add is that Labs are in higher demand in the Li space right now so I’d understand delays there. Doesn’t excuse MTC for not providing any update in regard to the drilling though, poor form.
My gut says results are not good and management are looking at softening the blow with other positive news.
Would imagine the Sophs in at $0.24 would be annoyed.
MTC-General discussion, page-166
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