For anyone that has been following MGT for a while, it’s very clear they have been working through this project very strategically. Building the initial business case, demonstrating the project value, identifying a clear path to production with an initial low cost set up through to expansion, installing a new CEO to take things to the next level, building up a very strong leadership team/board to drive activities and so on. Funding will come, Off-takes will appear, momentum will build and MGT will grow.
Yes the share price is suffering at the moment, but I believe management’s focus is on putting everything in place to succeed and the share price will follow.
Exciting times ahead.
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