MOO 0.00% 0.2¢ monto minerals ltd

Ann: Trading Halt , page-28

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  1. 288 Posts.
    Moo is way over valued I am afraid,with market cap of $35 million after acquiring Conquest and so many options on issue at 3 cents......1.5 billion shares after dilution.
    It takes 2 years and $10 million to prove say 50,000 tons tin at grade 0.5 %.You may think lucky of finding high grade but Unlikely as CSD tried in last 3 years.
    CSD is a much better option to invest as it has 3 times size of leases with proven resources and advanced projects at market cap of only $20 million.
    Please do your own research and correct me if I am wrong.


 
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