Undervalued Bauxite Play

It was a great ride with QBL and here is another possible Gem below cash backing.
MTE owns 57% of Bauxite play CBX ( Up 75%) yesterday gives value of about 2.9 million (around 1.4 cents per share )
MTE has a cash backing of around 6.4 million dollars (around 3.6 cents per share)

So Cash backing and shares owned in CBX alone equate to around 5 cents per share. Add the other projects to this and the value is much higher.
With the share currently at 2.9 cents they are well bellow fair value just like where QBL where. a couple of weeks ago.
Enjoy the ride because it will happen shortly.
MikePike