It’s interesting how the JV partner has been forgotten. NME still own the tenements MCT is drilling & farming into. MCT need to spend $5m to get 51% of what NME already own. MCT market cap $36m, enterprise value $18m; NME $15m & $17m. MCT seems relatively overpriced doesn’t it?
Ann: Kookynie Liepold Continues to Deliver Outstanding Results, page-42
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Mkt cap ! $13.60M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1122634 | 2.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1097545 | 3 |
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