cdchi1, do you know of Santich or Bogacz being involved in any 'dodgy' companies before? If so, I'm sure we'd all be interested to know.
With a market cap of some $20m, I estimate the breakdown in market value of MTN as:
*$3.9m cash.
*$8-10m for all Mt Painter tenement or 1/60 the value of PDN. The equation becomes more like 1/200 if Robbo's estimate of more than 100,000 t uranium in the whole tenement is right.
*$6-8m other prospects.
Nonetheless, there are risks.
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