MAT 11.8% 3.8¢ matsa resources limited

There are a couple of hurdles still in the way - Talking from...

  1. 389 Posts.
    There are a couple of hurdles still in the way - Talking from memory here:

    - Some native title claims need to be resolved
    - Permit for mining needs to be approved
    - Capital of $1m is required
    - POG is not exactly where is was in AUD terms from 6 months ago.

    There is still the cloud of uncertainty. However, personally I do see things falling into place - as they have done since I bought into the stock in 2007.

    To me the plan is a good one. Focus on Nth Scotia and then the mother Load at Mt Henry. It is big risk though - but great reward if it all comes together - such is the nature of spec stocks :)

 
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