Metallium Limited

ASX:MTM

Metallium Limited

ASX:MTM
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$0.920 (-4.7%)
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#495
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Forum Topics MTM MTM CEO Meeting

Pinned straw:
Strawman
Added 5 months ago

MTM is interesting. Promising tech with huge market opportunity and strategic/geopolitical tailwinds (in terms of demand and funding), $60m in the kitty and taregting cash flows in the coming 12 months.

The meeting recording is in the usual place, and the transcript is here

MTM Transcript.pdf

..but some initial thoughts:

  • It holds the exclusive global licence to use Flash Joule Heating (FJH), which allegedly enables ultra-fast, low-carbon, one-step recovery of valuable metals from complex ores and waste -- avoiding the need for smelting or acid leaching.
  • is focused on recovering critical and strategic metals, including rare earths. As i understand it the US has a massive shortfall in these key commodities, and that their military supply chains are embarrassingly dependent on Chinese sources, and as Michael was saying, there;'s a lot of push from the new administration to onshore a lot of this stuff as is evidenced by the DOJ funding.
  • The tech is not just an ESG narrative (although there is that), but the unit economics and monetisation options for customers make it compelling in its own right
  • It all really hinges on being able to successfully scale up the tech and prove the commercial viability. If that happens, this is off to the races. And, honestly, its hard not to get a bit excited about what michael was saying. But, the ASX is a graveyard for exciting companies with promising tech, which should at the very east suggest caution.
edgescape
Added 5 months ago

Thanks for the summary @Strawman

As you know I have a small holding in MTM which was initially just like a watch position because I was interested in the research and potential runway from recovery of different metals/commodities as well as the rebrand from a gold explorer but has suddenly got unwieldy so will need to lighten it soon.

I'm rather surprised about the meeting here as this one is in a similar vein to Clarity with lots of blue sky but not much to show for yet financially, that's even despite the success of Universal Matters in graphene recovery. Could I dare say it must have been quiet last week? ;)

I write some thoughts on the recent announcement on the capital raise and use of funds later.

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edgescape
Added 5 months ago

The commercial pilot plant in raise mention it will process 1 tonne a day.

Say if the ewaste feedstock at lab has grade of 515g/tonne of gold then we get 188 kg of gold pa or 6600 ounces pa in commercial pilot.

Seems small but i only look at gold and not other metals in ewaste feedstock.

And I have not look at REE feedstock as mentioned in by strawman. Guess you need another plant for that or just alternate feedstock on each day thus halve gold ounces produced

Nonetheless everyone seems excited today?

8
edgescape
Added 3 months ago

Just caught up on this meeting recording and there were some good questions from strawman

Also I note a couple out of many milestones set out in this meeting regarding REE have been achieved with a recent binding tech sharing agreement with UCore which is reassuring.

My only question is regarding PCB feedstock and how they guarantee the grade quality as I think many manufacturers are now trying to reduce gold usage as a result of high prices. This is despite having someone from management having experience with ewaste recycling and knowing who and where they get feedstock.

Finally increasing amounts of PCBs being available for recycling from shorter lifespan of server and systems but I think the gold grade will be less and less as a result of the shift to less gold in pcbs.

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