Once again, not a matter of "if" but "when", the long anticipated mining approval has come through.
MAT is going to become Australia's next gold producer less than 12 months after acquiring Lake Carey.
A great effort by PP and the team and I suspect the news flow is only going to gather steam from here on in.
MAT is going to be re-rated thick and fast as milestones are met (or exceeded) and exploration success keeps coming in.
And don't forget, we don't have to worry about raising capital, cost overruns or ramp up problems.
It's as simple as dig, transport, dump, wait for processing and collect the gold/cheque.
MAT Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
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