Hi, the fact that they don't have any money is a real concern, they will need to do some sort of raising at ridiculous cheap prices. I hold BML which is also in Botswana and MTB's announcement and recent letter from the Botswana government leads me to think that MTB is undervalued and has a very good long term outlook.
Having said that, all I need right now(like a hole in the head) is to invest into ANOTHER company who does a SPP.
I'll watch from the sidelines and look at getting at some point. No consilation to LT holders, but, I feel MTB will have a great future.
Now this is different, a ramp from a non holder, that wouldn't happen very often!!!
MTB Price at posting:
1.0¢ Sentiment: LT Buy Disclosure: Not Held
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