You could be right, perhaps MTC has missed the boat.
IMo They could and will still attract a JV for the Lithium prospects for a cash payment and a free carry or similar.
Even if it wasn’t with a Chinese company and it was with another junior explorer for a measly $5 mill it should cause the SP to double just on boosting the cash balance which should reflect proportionately on the Market Cap.
Should put us back to 8c or so if there was a $5mill investment, just on company cash backing.
The question still remains - what is the prospective unexplored land bordering Nemaska and Galaxy really worth?...plus Cancet of course. ...who knows.
I don’t like management one bit, but I think they have something up their sleeves and I think the lithium sell down will definitely come to fruition in the next month or 2. Probably around when managements shares come out of escrow in late Feb.
All in my honest opinion
MTC Price at posting:
3.1¢ Sentiment: None Disclosure: Held
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