MTX the GPG backed resources cash box stands to be a big winner from the BHP takeover of WMR. WHY?
BHP has the resources to fast track the upgrade of Mt Keith as proposed by WMR. This will see MTX double its royalty income from Mt Keith over the next 3 years from $3m to $6m pa. Production from the Kambalda areas continue to increase and are likely to reach $4m this year given the current Nickel prices hold. MTX have already made $1.15m from REL this year and now have $20m in the bank. With a highly skilled invertment team and GPG/Brierly backing I wouldn't miss this one.
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MTX the GPG backed resources cash box stands to be a big winner...
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