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Itech Minerals Ltd V.ITM.H


Primary Symbol: ITMIF

iTech Minerals Ltd is a mineral exploration company exploring for and developing battery materials and critical minerals within its 100% owned Australian projects. The Company is exploring for graphite, kaolinite-halloysite, regolith hosted clay rare earth element (REE) mineralization and developing the Campoona Graphite Deposit in South Australia. The Company also has extensive exploration tenure prospective for Cu-Au porphyry mineralization, IOCG mineralization and gold mineralization in South Australia and tin, Tungsten, and polymetallic cobar style mineralization in New South Wales. Its Campoona Graphite Project is an advanced development project. Its Eyre Peninsula Kaolin Project is made up of about 1445 square kilometers of ground in a highly sought after region of South Australia. Its Nackara Arc Project covers over 3000 square kilometers of the Nackara Arc Region in South Australia. Its Bartels Gold Project is on the Eyre Peninsula and prospective for epithermal gold.


OTCPK:ITMIF - Post by User

Post by stopthief3on Sep 04, 2018 8:17am
117 Views
Post# 28557679

phone convo gist

phone convo gist
This could drag out 1-7 months - likely around 3-4ish depending on how things go. Restructuring is basically tidying up expenses, like rent, they don't need that much office space but landlord wants to charge then 15k a month, stuff like that. Marketing will have to be done to get more product exposure - and that will be the focus RS - not sure, possibility but understands risk of it. Time will tell how price rebounds. Creditors will have to be satisfied but mutually beneficial or they get nothing. Sees this as taking one step back to move 2 steps forward in the future
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