What a change! Buyers chasing the price up rather than the usual drift down. Volumes are still small so that's the indicator I'll be watching as they get closer to a JORC-approved base metals resource estimate. The drill results have been consistent and solid for months (anyone interested should check out the company website) so I feel it's more a case of WHEN this project gets airborne, not IF. Some very impressive valuations have been put on MTB based on mineralisation discovered to date but the market has simply yawned and passed on by. The next few months should see that change as the scale of this project becomes more apparent.
I picked up another 100k yesterday (to offset my considerable paper losses from the first 100k) so today's minor action (up 10%) is a step in the right direction.
I've held for nearly four years (whatever happened to the Namibian diamond exploration?) Any other desperadoes out there? Suntrader?
Gupper
What a change! Buyers chasing the price up rather than the usual...
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Last
0.2¢ |
Change
0.001(50.0%) |
Mkt cap ! $1.947M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $8 | 5.384K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 74612761 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 25403784 | 10 |
View Market Depth
| Last trade - 10.45am 21/06/2024 (20 minute delay) ? |
| MTB (ASX) Chart |