I find his association with Botala interesting as power was always a limiting factor for Mount Burgess and I sensed that Nigel was absolutly sure that the project would work, but had concerns regarding power. Without power, there was no project. As they are quite isolated in rural north west Botswana, Mount Burgess concluded a power supply agreement with Botala several years ago and Botala was going to be the key to unlocking the project. By bringing in Steve, to me, it appears its like the beginning of a JV between the two firms.
If they can produce germanium and gallium on site, then I am sure there will be a few other JV partners in the wings. All we need is a dynamic team to bring it all together and we will be able to make some money from this old company which has a $1 million market cap and $ 3 to $5 billion in strategic metals in the ground....
MTB Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
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