MGT - understanding where the money comes from, page-7

Hi @Lucky99, thanks for responding. I don't know enough about MGT's team to really comment on them specifically, but I'm glad you're confident in their abilities. There is one thing I would note - and to continue using one of my examples about - Jervois Mining's management team is made up of former Glencore and Xstrata high-rollers, so in terms of management calibre it's pretty outstanding. Plus their CEO is from a banking background, so should have connections galore in the financial markets. So, again, it all checks out on paper.... and yet their US$100m bond issue is still going at a rate of 12.5% annually, and requires a US$50m equity raise by the company to run alongside it.

I say that just as food for thought, because however brilliant a management team is on paper and in practice, getting access to large amounts of finance is still very challenging for mining juniors. That, at least, is what I take away from the above points. Cheers