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Last edited 3 months ago
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Performance (63m)
13.3% pa
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#Financials
Last edited 3 months ago

For sake of comparison, ASM has similar metal processing technology (but with Titanium) and is now less than the market cap of MTM (Formerly Mt Monger Minerals - not to be confused with gold miner Mt Malcolm).

Although I've been critical holder of this company it seems Pengana and Terra Capital sees potential

I guess when you can process and recover from Gallium to Gold anything can happen?

057da38232fa7da2c3b48b402663c138c4940f.png

I've not free carried yet. Like with CU6, I will wait another year to get the CGT discount and ride the momentum for now!

The small watch position has now "ballooned".

Totally outside my wheelhouse and I guess it is outside of everyone else's too!

[held]

#Bull Case
Added 6 months ago

Surprising rally after the capital raise

f4bfdb2bd3e35b823bb4bce9d9c12f0b5417cd.png

da1cd720eaf78f6a7e535dadfecbb04902e2c1.png

Voting machine in full action

Maybe it is this slide?

44fa0decae4fb51f6c88d6954a2e2ad60207c4.png

Or this slide?

d94adc320ec142cb81f3a87f5fff078c571754.png

Dr James Tour is the holder of the 20m shares under the name "InvestJTech" in the previous straw.

[held]

#Business Model/Strategy
Added 6 months ago

Looks interesting, but a bit out of my wheelhouse

88679d9f9ea44536631f0841d49b9bd12f49d6.png

They basically got a license to use Flash Joule Heating from Rice University. In exchange, the university got 17m shares in MTM

Seems they are switching from being a mining explorer to a metal refiner/recycler.

There's lots going on here so maybe write more another day.

Became a holder "by accident" when the share price dived from 7c to 6c.

The holding is mega tiny though. MTM only have 2.6m so I expect a raise as that amount of money doesn't get far enough even though they have 3-4 quarters of cash remaining.

Now back to 8.5c, so a flukey return for me...

[held]