Ann: High-grade nickel cobalt identified at Kurnalpi, page-170

I think MTH could have a simular run to what DEG did, its possible leading up to drilling and then if MTH get comparable drilling results to its historical ones. if you compare to others like
#G88 SP 58.5 cents MC 31 million, peaked at over a 60 million MC
#VIC SP 1.3 cents MC 12 million
# VMS SP 4.9 cents MC 22 million
# MTH SP 5 cents MC 6.25 million ( fully diluted 125 million shares)

as you can see anything under 10 cents represents outstanding value and this is only taking
into consideration MTH nickel cobalt play, they also have a decent gold play and zinc one
and on the back of rising gold prices and zinc prices these could be very attractive in a few months time also to complement the nickel cobalt play.

fair value currently imho below
# MTH SP 10 cents MC 12.5 million

back to DEG after consolidation went from 3 cents up to peak at 38 cents
I don't know if MTH will go that high but on great drilling results with only 125 million SOI it could come pretty close imo.