Is MET still alive?They wont be if they spend all their dough...

Is MET still alive?

They wont be if they spend all their dough too quickly in this economic environment. It is best to only drill one or two areas with the highest likely payback. They need to improve their focus. QLD should be put on hold. There is no telling what GFC2 will bring for small goldies - extinction?

Raising cash in a GFC at reasonable price will not be possible - the dilution would be massive.

Yes I love their prospects, but survival is key for us having any value out of this in 2 years time.

loki