MCT 11.4% 3.1¢ metalicity limited

Ann: Kimberley Mining TSX-V Listing Update, page-25

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  1. 430 Posts.
    lightbulb Created with Sketch. 31
    IF you believe the last couple announcements re Kimberley mining
    THEN by 4Q18 MCT should have about $6M cash post TSX listing plus ?future cash payments
    PLUS have C$20M equity in Kimberley mining albeit escrow for 2 years
    PLUS have Aussie Li/Co tenements worth whatever
    PLUS shell value
    SO divide all that by 500M shares & what sort of share price do you reckon by Sep/Oct this year???
    That's the question.

    Market appears to be factoring in a hefty completion risk on TSX listing imho.

    Hardrock.
 
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