MTC 3.33% 15.5¢ metalstech limited

Ann: Shareholder Update - Non-binding Offer from Trans Metal Fund, page-18

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  1. 1,146 Posts.
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    Just sell up and buy a low-risk producer then, rather than sticking round and whining ad nauseum. You wanna buy a lotto-ticket stock like this you've got to accept a bit of risk. MTC actually have a great risk return ratio compared to a lot of others out there, look at CEL in Argentina and what has happened to their share price if you wanna see something that's really been smashed and has bad capital management, asset risk and uncertainty.
    Steps that have been taken in the last week regarding Sturec are exactly what you'd expect if they are aligning with a different and more optimal suitor, no idea if it'll actually happen and how long we have to wait for confirmation but I think we can be quietly confident as one can ever be in these situations.
 
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