Personally find this co very undervalued with the metal value from the easily accessible dumps & historical resource estimate being multiples above current market cap. So once they confirm the historical resources & prove to the market they can start production, I expect a big re-rate from current levels! Then future exploration & acquisitions will provide further value down the road, remember they only just got awarded Bear Creek a few weeks ago!
It has only been listed for 2 months, so the journey has just begun!
Thanks for the post. Any background on management / primary shareholders? Great to see alignment with SH in terms of compensation packages, but wondering if Chris, Lara, or anyone else (ex-Molten salt battery guy) have had prior successes?
Also, how/who did they acquire the projects from? Any idea?
Lastly, any concerns with processing ore in Slovakia at present? Energy costs at the top of my mind right now for any business operating in Europe
On MOLTs webpage you can find their previous experience, Christopher has had prior success.
They acquired the Slovak assets by staking/applying to the government & West Gore from an related party, who in turn bought it from an unrelated party.
The CEO said that energy costs won't be a big concern given their high grade, small-scale & simple process by crushing & sorting. Not a huge input into opex!
Awesome man, look fwd to the sequel(s)!
Would be great to hear your thoughts about how value could develop over time!
Cheers mate
Personally find this co very undervalued with the metal value from the easily accessible dumps & historical resource estimate being multiples above current market cap. So once they confirm the historical resources & prove to the market they can start production, I expect a big re-rate from current levels! Then future exploration & acquisitions will provide further value down the road, remember they only just got awarded Bear Creek a few weeks ago!
It has only been listed for 2 months, so the journey has just begun!
Thanks for the post. Any background on management / primary shareholders? Great to see alignment with SH in terms of compensation packages, but wondering if Chris, Lara, or anyone else (ex-Molten salt battery guy) have had prior successes?
Also, how/who did they acquire the projects from? Any idea?
Lastly, any concerns with processing ore in Slovakia at present? Energy costs at the top of my mind right now for any business operating in Europe
On MOLTs webpage you can find their previous experience, Christopher has had prior success.
They acquired the Slovak assets by staking/applying to the government & West Gore from an related party, who in turn bought it from an unrelated party.
The CEO said that energy costs won't be a big concern given their high grade, small-scale & simple process by crushing & sorting. Not a huge input into opex!