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Ann: 31 December 2020 Quarterly Reports, page-4

  1. zarzoore
    1,614 Posts.
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    01/02/21
    15:47
    Post #: 50612231
    Spot on... they have the assets and the experience...
    production cost is very high...and it is a small number of ounces. Perhaps they have to line up in the queue for Anglo AA to process Matsa's ore and slug them with a high fee..
    the solution is our own plant. Thank you Anglo for giving us a starting hand...
    we need to raise money...easy...alot of room with only 300 mil shares.. CR + borrow , money is cheap these days.. Get the money backed by assets and ounces in the ground...build plant and bring down cost to 1000 or $1200 per ounce and Matsa becomes a mid tier Gold producer.
    And keep exploring and acquisitions.
    we had Mt Henry and sold it for a song...it's new owners are bring in millions...never again.
    And if POG hits $2300 USD as predicted... Shareholders will have their pay day.

    MAT Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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