sooner or later, the market will realise TTY's cash generation capacity. at the end of the day, cash earning business today is worth more than a great idea in the future. I have no doubt that GBG will become a producer, however there're plenty of juniors that will never produce anything.
People criticise MK's acquisitions. However, it not burning our cash, rather giving TTY sahreholders more ownership in other potentially great assets. MK is diversifying our portfolio for us. I know some of these investments have decreased in value, but lets just wait for them to start producing.
I did a DCF on 6yrs only, got $2.65ps.
TTY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
