All juniors are hype or blue sky until they are not. You need to make a discovery. Has MTC made a discovery? or does it have a risk-weighted chance of a discovery based on its folio? Or is its folio moose pasture? Then.... if a discovery has been made or is made in the future, can management sell its vision to investors so that it can attract funding on attractive terms (lots of projects go into production having made no money for original investors because management are not shareholders and fail to respect return on equity principals), then can management execute on that vision. Then there is timing and luck e.g. Riversdale sale to Rio. It is unreasonable to think the same management will be good at all stages, board and management should be mix of salesman and technical. Need to be agile at this stage. Need to be able to go forward, stop, go sideways. Tight register, not alot of shares on issue.
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24.5¢ |
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Mkt cap ! $48.00M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 12765 | 23.5¢ |
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Price($) | Vol. | No. |
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24.5¢ | 87140 | 3 |
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No. | Vol. | Price($) |
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1 | 12765 | 0.235 |
4 | 71240 | 0.225 |
4 | 99657 | 0.220 |
2 | 48371 | 0.215 |
3 | 89766 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 87140 | 3 |
0.250 | 273400 | 6 |
0.255 | 17753 | 3 |
0.260 | 32000 | 2 |
0.265 | 130590 | 6 |
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