MTC 11.6% 24.0¢ metalstech limited

its going below 10c. deposit unviable and management history not...

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    its going below 10c. deposit unviable and management history not credible enough.

    the main reason deposit is unviable is this deposit is a cyanide leach open pit mining, and slovakia does not allow either. Cyanide Leach is banned and open pit wont get approved by local tourist community and businesses(its a tourist destination - medieval theme) and even the full underground mining will take a while to get approved.

    Underground mining wont scale efficiently cost wise and will be too costly, capex intense for a $20m dollar company.
    Last edited by Nige456: 25/09/20
 
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