Hi tika1Like you, I do not understand why the market is valuing...

Hi tika1

Like you, I do not understand why the market is valuing MWE at its current SP (down overnight to C.47c). Initally, I assumed it may be the M23 rebels who are again threatening to invade Goma but other companies operating in the same region do not appear to be 'suffering'.

From my circle of MWE shareholders most are keen to buy more but the Canadians are selling, so one can only assume that they know something that we don't!! The previous senior management seemingly spent a lot of money without making much progress and the most recent CR at 60c sent the wrong message to potential buyers re the value of the shares.

With 30 shareholders holding some 90% of the shares (I think that I have those figures correct) maybe the LT shareholders are happy to wait another 6 months until Kapulo is operational, the mineral resources at Shaba etc are better defined and the extent of the scope of the new find at Lufukwe is quantified.

Cheers

R1