The drilling comes first to define a resource and then get's somewhere on thinking about metallurgy/extraction
Once results proven, you then let things speak for themselves.
I expect a LIN style run once drill results are announced over time for MTM
Happy to sit and wait.
Note the below drill result of Geomega and Lindian.
Geomega in Canada
- 512.7m @ 1.38% TREO (incl. 0.105% Nb2O5 for 364m of the hole) - Announced 14/02/2011
- "Neodymium oxide continues to be an important component of the TREO with an average grade of 0.24% (2.4 kg per tonne)".
- That's 17% of the Rare earths of Neodymium in the result. (0.24%/1.38% = 17%)
- 544.6m @ 1.41% TREO, Niobium not declared on announcement (Announcement - 22/06/2011)
- 95.5m @ 2.06% TREO + 1.38% Nb2O5 (Announcement - 23/05/2012)
- 780m @ 1.62% TREO + 0.15% Nb2O5 (Announcement - 06/06/2012)
- 222m @ 1.95% TREO + 0.25% Nb2O5 (Announcement - 06/06/2012)
Lindian (LIN) in Malawi, Africa - $400m MC.
- 157m @ 1.75% TREO
- 179m @ 2.47% TREO
- 323m @ 1.43% TREO
- 54m @ 5.49% TREO
- Forums
- ASX - By Stock
- Pomme Size Estimate
The drilling comes first to define a resource and then get's...
Featured News
Add MTM (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $11.24M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 3.9¢ | $127.1K | 3.039M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 216404 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 134689 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 216404 | 0.038 |
1 | 30000 | 0.037 |
1 | 61000 | 0.036 |
1 | 330000 | 0.035 |
6 | 334647 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 134689 | 2 |
0.043 | 124186 | 2 |
0.044 | 250000 | 2 |
0.045 | 279238 | 2 |
0.046 | 250000 | 1 |
Last trade - 13.52pm 09/07/2024 (20 minute delay) ? |
Featured News
MTM (ASX) Chart |