MTB 33.3% 0.1¢ mount burgess mining nl

I guess we have to accept a period of inactivity and low share...

  1. 605 Posts.
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    I guess we have to accept a period of inactivity and low share prices for a while. I can't imagine they will be agressivly drilling as they will need to preserve cash (fund raising at 4c is no fun for any of us!.

    with lower levels of activity, the announcements will be far and few between, this too will keep the share price down!

    I wonder if they have any ideas to get us out of this cycle?!

    If I was running the comany and there was a real project in the making with a good probability of success, I would carry on business as usual, raising the same level of cash at these low levels with the confidence and knowledge that once the project comes on line, the pain of fund raising at these levels will be unimportant.

 
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