MCT 11.4% 3.1¢ metalicity limited

Ann: Kimberley Mining TSX-V Listing Update, page-26

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  1. 7,161 Posts.
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    I have not lost faith and still hold ; however, I have noted where Li tenements are as far as drilling goes and Cobalt and they are all super early stage...… kind of missing the beat of market..

    which leaves the "value" being the zinc tenements.
    First the IPO was for AB, then Napier was chucked in, now its at a slightly reduced value, next will be a reduction in equity imo…

    Outside of a high risk and costly IPO MCT really has what?
    Its a very hard one to value - Some will value at $100M+ others at $5M...
    market has settled on a very illiquid low valuation of $13M... could move north or south just the same from here..

    Last drill results were poor and had delays... this next round seem to be same..
 
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Currently unlisted public company.

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