MTH 8.70% 10.5¢ mithril resources limited

Certainly oversold from 2018 that is for sure.  Has huge cash...

  1. JFI
    6,837 Posts.
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    Certainly oversold from 2018 that is for sure.  Has huge cash pile and low EV.  Billy Hills is incredibly exciting project and where the primary focus will be as the year gets fully underway.  MTH is looking for commodities which are shaping up well for a good upwards run in price suggested by market supply levels and demand requirements.   

    Some decent drilling in the right stuff at Billy Hills will totally revalue this company and that is just one of a number if super projects in a good portfolio here.  

    a JV with Galena would be great if that was to occur down the line...  very good in fact.

    May well move a little to 0.7c to 0.8c by Friday possibly.  Guess time will tell but these are early days and drilling isn't starting until last week in March most likely.  

    JFI



 
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