I doubt management were involved in artificially pumping the price mate.
The investor presentation is clearly because they're in NA .... if it were just a generic presentation to the market as a last ditch effort, then I'd be inclined to agree.
Cash on hand will become an issue next quarter, but we have plenty of work going on between now and then in terms of exploration and possible progress with getting AB towards a BA/sale .
The team have proven consistently that they're not a regular "ASX junior special", in terms of raising/ diluting, draining funds through admin fees then repeating.
They make strategic deals and implement the most shareholder friendly methods of getting cash into the business, where possible.
However, if a CR is made available to existing shareholders.... I'll be participating and will do so in full if possible.
Cheyne
MCT Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held