The good thing about Mtc Is they have ZERO debt and are sitting...

The good thing about Mtc Is they have ZERO debt and are sitting at around the cash backing ( if we believe what directors say about rebates)

So we should hear at least something about those rebates soon. At the end of this month we’ll also know how much has been charged to the company in daily fees of $1,200 per day per director. That should be very interesting.

I would think that they should have something to announce before the end of this month as the quarterly is due and they haven’t really achieved anything this oct, nov,dec quarter.

There was all that positive talk of an “opportunity arising” for the Lithium sell down, and were speaking of not raising money at these prices and using the rebate money to get by until the sell down if I remember correctly?
I wonder what’s happened with that ? It’s been months since then .. I think we deserve an update on that..
surely they’d want some sort of deal finalized before the drilling season ?


Directors shares come out of Escrow late next month too. I’m not sure whether that will have a positive effect on the performance of the directors or if the release will be a overall benefit to shareholder one way or another. Perhaps they are waiting for the release so they can vote through a certain resolution they have up their sleeve? I don’t know and only chucking ideas around.

All in my honest opinion