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11.4%

3.1¢ metalicity limited

What's next for MCT, page-83

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MrAu

4,102 Posts.

1338

13/03/22

09:36

Post #: 60160927
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Originally posted by mornington: ↑

I own a piss-pot of the Options and intend to exercise 80% of these.The rest will be sold for tax loss purposes.
As it now stands MCT owns 66% of the project and a MC of sub $18 mill is not reflective of its true value.Current issues aside,a substantial re-rate will occur eventually.
The question from an investment perspective is do I cut and run,or hold for a year and look at a 3+ bagger potential.I have already made my decision.

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MCT do not own 66% of the project.
Nothing in the JV has changed and unless MCT can obtain 50.1% of NME there is no change of control.

MCT Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
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