You can contact a director directly if you are a serious, long...

You can contact a director directly if you are a serious, long term, respectful investor.
Try not to call them names like whatever got your post moderated...


As for worrying about it being a lifestyle company, the founders recently did this:

What kind of lifestyle directors would choose to slash $432,000/year off their own salaries? Are you also just going to ignore their recent voluntary top ups of their already monstrous holdings, of which they haven't sold a cent?

As for Dynavolt, every single piece of information 'under our bonnet', down to 100+ year old historic production numbers is publicly available.

Their excuse for flaking was:

'The subscription proposed under the Terms Sheet will not be in conformity with the development strategy of Dynavolt'

• MTC and its advisors have not received a clear answer from Dynavolt as to what specific due diligence matters under the Binding Terms Sheet (legal, financial, title, regulatory) have not been satisfied and no indication of outstanding issues had been raised prior to receipt of the Termination Letter which was only provided upon demand by MTC

If there was an issue they would have pointed it out. It was simply a case of a big company abusing a binding terms sheet as a free option and running out the clock.

If you are worried about what will change within 6 months, you should be looking at blue chips not microcaps.

'Buy into a company because you want to own it, not because you want the share price to go up'

'Only buy something you'd be perfectly happy to hold if the markets shut down for 10 years'

'Mr Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he gets really enthused you sell to him, and if he gets depressed you buy from him.'

-The 3rd richest man in the world

Microcaps have such low exposure and so much misinformation that the drunk psychotic episodes get that much more severe, and are that much easier to orchestrate for those who exploit them. I'm just surprised at how many people follow the drunk guys stumbling off a cliff by selling/deciding not to buy at these levels.

Also from the 3rd richest guy in the world:

'If they're trying to buy and sell stocks, and worry when they go down a little bit … and think they should maybe sell them when they go up, they're not going to have very good results.'

'If you had a chance to buy into a good company in your hometown … and you knew it was a good company and knew good people were running it, and you bought in at a fair price, you wouldn't want to get a quote every day.'

So instead of panicking on share price, 'you'd look to the earnings and dividends over the years as determining whether you made a good investment or not. And that's what people should do with stocks.'

In exploration companies it's easy to calculate to a reasonable level of confidence future earnings by simply studying feasibility studies of close neighbours with similar resources. For instance, Nemaska Lithium has a 460 page study for its deposit with the headlines of 36.7Mt at 1.40%, with a $3.3B NPV8 (that's right, B) and their market cap is currently a smooth $750M with 90% of their offtake already spoken for. You can of course peruse all 460 pages yourself and make the appropriate adjustments to the metrics to adjust for MTC's circumstances. Spoiler alert, the numbers will still have 10 digits.

From the current price, if MTC is only at 26c in a whole 10 long years from now it would still be outperforming average returns. If it takes that long to become a producer, the returns will be so life changing that no one will complain about how long they waited. Obviously everyone wouldn't mind the price to rocket quicker so they can get that new car or boat a little bit faster but the world's 3rd richest man didn't get there trading ramped up quick moving spec stocks, he got there being patient and holding companies with tangible long term value without worrying about trading price fluctuation.