I know some of the disgruntled holders are likely to disagree with me but I believe that 2018 is likely going to be a transformative year for Matsa. Management made a series of astute acquisitions during 2017 and quietly set about building a significant tenement package in the Laverton Region .No one could argue that Matsa paid overs for the projects and ground they picked up. Nor with their strategy of acquiring shallow deposits which can be mined by contractors and toll treated just up the road .No expensive CAPEX to dilute the hell out of holders .
I think mining at Fortitude will start to generate funds in coming months if it hasn't already and then there is Red Dog and also the potential for some further ounces at Red October and the surrounding ground .
There have been opportunities last year where Matsa could possibly have spruiked other tenements but they chose not do and deserve credit for that .The ground next to AOP's Rebecca project and their ground at Paraburdoo might also yield some surprises this year . I do think Matsa suffer from not having more active support from Perth brokers because they don't hand out free options and or cheap placements for WA brokers
Let's see what the year brings for Matsa but I think it might well be a very good year for Matsa and for us shareholders
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)