MR1 0.00% 4.0¢ montem resources limited.

the thing that makes me bullish is will bridge turned his cash...

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  1. 866 Posts.
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    the thing that makes me bullish is will bridge turned his cash That was owing to him from montem into shares and lochanberg as well turned his cash “loan” to montem into shares

    both had the opportunity to get there cash back but both opted for shares in montem instead ask you self the question why would they do that when they both knew it was about to delist of the asx??

    if I had to put a valuation on montem atm will be 8-10 cent a share

    obviously the more they de risk tmrex the higher valuation

    also massive government grants in this space too to look out for. Canyon creek phes received 15 million grant for there 200 million project. I think we can pull more then them in the realm of 40-80 million. Plus there is a tax deduction on the build of the project of 30 percent from memory. Don’t hold me to it.

    having transalta as the main lead in the project will unlock the project imo and will be full steam ahead

    montem have a decision on there hands. Need to get rid off all coal land and go 100 percent green. Sack all coal projects chinook turn them in as well and Doyle no need for him any more unfortunately eating up a massive pay packet for no reason.

    Put will bridge as main guy

    go full steam ahead tmrex and unlock a value potential of 800-1 billion (50 percent)

    massive potential here whoever got in at around the 10 million market cap prior to delisting

    good luck to all holding, I have a fair few shares in this as I got suckered into the coal space and Gina around the corner I thought it was a great bet

    let’s go Mr1 you might be a beauty after all






    Last edited by Taraross: 20/04/23
 
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