Metal Bank Ltd. Stock Analysis MBK.AX

Metal Bank Ltd. engages in the provision of exploration and development of minerals. The company is headquartered in Sydney, New South Wales. The company went IPO on 2011-03-02. The company holds a 75% interest in the Livingstone Gold Project located 140 kilometers (km) northwest of Meekatharra in Western Australia and includes 395 square kilometers (km2) of granted exploration licenses covering the entire western arm of the Proterozoic Bryah-Padbury Basin. Its 8 Mile project is located near the Mt Rawdon gold deposit in south-east Queensland, Australia. The company has the right to earn up to 80% of the Millennium Cobalt-Copper-Gold project, located approximately 35km west-northwest (WNW) of Cloncurry and 19 km from the Rocklands copper-cobalt processing facility in North Queensland. Wild Irishman project is located approximately 20km south-east of Gin Gin, Queensland. The Eidsvold project has identified a range of gold targets, including Mt Brady, Mt Jones, Great Eastern Target, Forty Horse, Tower Hill, all located in Southeast Queensland.