MCT 11.4% 3.1¢ metalicity limited

Ann: Kimberley Mining TSX-V Listing Update, page-33

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  1. 965 Posts.
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    Can’t help myself, cant stop popping by the MCT threads. Company is still a joke. Roadshow to raise $2m seed capital to then raise another $25m via a public IPO. Laughable!

    You’d have to think if there was any interest the $2m would have already been raised, and, there’d be firm commitments for $10m plus on the table to then roadshow to raise the remaining amount.

    I notice, once again, drilling results don’t seem to be forthcoming, history repeating itself, yes!

    The quarterly cash flow statement is ridiculous. $306k under development, development of what?

    Still, could go either way Maybe, but, not for me. Way too many unknowns and a very poor history of exploration, let alone exploration success.
 
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Currently unlisted public company.

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