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
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MTB
mount burgess mining nl
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I have been asked by a friend to have a look at Mount Burgess...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.553M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2990000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 459762 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2990000 | 0.005 |
13 | 7867985 | 0.004 |
7 | 10985000 | 0.003 |
8 | 11275500 | 0.002 |
4 | 37000000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 459762 | 2 |
0.007 | 125000 | 1 |
0.008 | 750000 | 1 |
0.010 | 295000 | 1 |
0.011 | 85000 | 1 |
Last trade - 09.59am 07/08/2025 (20 minute delay) ? |
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MTB (ASX) Chart |
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