MTB 0.00% 0.2¢ mount burgess mining nl

no results ... no job

  1. 55 Posts.
    I have been asked by a friend to have a look at Mount Burgess and their Kihabe deposit.

    With the recent fall in Zinc prices I have to say that the project is marginal...given the low grades.

    Also reading HC posts and research for MTB I am just amazed at the incompetence of management.

    Nigel surely must take the blame here.

    Capital raising after another ... and Suntrader is correct ... no drill results and its 6 months into the year.

    I am definitely not investing in this stock with a 10 foot pole.

    Why don't shareholders get a petition to remove the management of MTB. I have seen that State One has done the last placement so I am assuming that they will hold a few shares hence votes. Then the new problem would be ... who can then take up the job.

    Soem of their ground I admit is decent but there seems to be a lack of any development.

    Or another solution is force management to sacrifice salary ... liek pay 5million options each at 10cents, 15cents, 20 cents and so on.

    I am sure many people have worked hard for their investment money ... therefore the people to take care of this money must get results.

    No Results...No Job


 
watchlist Created with Sketch. Add MTB (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $2.09M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
22 15761793 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 9832047 8
View Market Depth
Last trade - 16.12pm 03/05/2024 (20 minute delay) ?
MTB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.