June quarterly should have the first positive cashflow figure assuming a quick ramp up.
And after we report production starting in April, we should be close to hearing some interesting 3D re TEG JV and not far from the start of pilot drilling results from Gurvantes in May/June.
Lots of newsflow ahead and perfectly placed to run once out of the current market turbulence and SPP period.
MST valuation of 36c per share currently. We are just over 1/3 of that valuation and imo should be able to get to 2/3 fairly straightforwardly in 3-6 months.
Not to mention that it might go up once we get more of an idea of just how big Gurvantes is...
TPD Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held