Why yes I do....a shite load more than .275 cents...
In all seriousness, the consolidation was terrible for longer term shareholders. Post consolidation did however lay out a palatatable, more enticing proposition for new entrants.
Enter Tim Dobson. Compare Tim to the HIO fella, Brian and it's laughable. Was a shareholder of HIO well before my holding in MGT. Once the consolidation was done and dusted with Tim at the helm the value of MGT presented far beyond where I felt comfortable in HIO. I jumped ship mid/late 23. Took the loss. Tim simply presented as a far more professional, apt CEO.
His tenure to date has crossed off many pieces of the pie needed in order to see the project move forward. Many of which i didn't/wasn't aware of.
I genuinely believe a DFS partner is likely in the next quarter. Unfortunately Brian Grazian, to me, appears to be simply kicking the can down the road at HIO.
A good CEO like Tim is hard to find for a minnow like MGT. His application to MGT to date has seen state and federal linkage and more to the point discussions with UAE, Japanese and other Asian probabilities/possibilities as far as strategic partnerships. A steal at 27 cents is an understatement.
In a nutshell, the consolidation provided an opportunity to good to refuse given the management change that took place along with years worth of drilling that got consolidated into what was/is only 77 million shares outstanding. That with the DFS partnerships on its door...have been adding of late.
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Why yes I do....a shite load more than .275 cents...In all...
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Price($) | Vol. | No. |
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