significant base metal intercepts, page-8

re: potential - trading at half analyst's valuati I agree Gizard. You've summed up MTB's prospects admirably.

Unfortunately, because of its small cap and possibly because of geo-political factors (even though it is an experienced and highly regarded operator in the African context) it continues to languish well below true value.

As you say, a diamond pipe discovery from its highly prospective fields in Namibia - or the commencement of its gold royalty stream next year - may be just the things to galvanize interest. We know they're on good ground in Namibia with all the kimberlitic indicators they keep finding, it's just a matter of narrowing down the drill possibilities. Their recent base metal discoveries in Botswana also sound extremely promising.

Not one for those seeking immediate gratification but I believe the patient will be well rewarded.

Best of luck,

Gupper.