Ann: MCT:Court Action Seeking 22.28% of NME Vested in ASIC & Sold, page-7

Hi Mornington,

Considering the BOT was pushing the SP down, I would find it unlikely it is being propped up as you claim,

If you wanted to sell shares at your MCT home, you would drop the MC by one-third where the companies MC would be lower than NME's

Anyway, it's good to see the MCT investors are happy with its director's action which has significantly impacted their own wealth.

BTW, if MCT management has done the wrong thing by spending $1.3mil of MCT shareholder's funds on exploration without their JV partner's approval, if the funds cannot be recovered. Do you think this is money well spent?