For those who want to trade or invest in Perth based explorers the first thing to do is assess the management (even before the projects, IMO) There are some weak ones and some rotters.
Matsa has a larger percentage of my portfolio than most on the strength of its management, its exciting projects and its steady progress. Todays Annual Report strengthens my commitment. Well done MAT.
''' Much of the focus during the year was on the advancement of Matsa’s 100% owned Symons Hill
Project, located just 6kms south of Sirius Resources Ltd’s Nova/Bollinger nickel project, where a
considerable amount of work was done to better understand the complex geology of the project
and to target a significant nickel discovery. While that has not yet occurred the Company is
confident that it will in due course. ''' from PP's letter.
Cheers, GLA
MAT Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
