With the money left in the bank, MTH would be praying MMG come up with a Nickel find to boost the SP so MTH can come back to us with another Cap Raise to pay for the Gold Digging in WA, etc...
This is now become a huge risk play, cos if the nickel is lousy then the market will QUICKLY factor in that MTH will need another CR for any further projects, hence at least a 10% discount on the current SP of 1.1c
This is seriously teetering on the edge for me, & am very close to selling my half mill shares (purchased at 200%-500% higher levels than now bugga it) & moving to other (hopefully greener) pastures/dirt!!!
Certainly nowhere near as rosy as first thought, but then again we are seriously at the speccy end of the market aren't we??
MTH Price at posting:
1.1¢ Sentiment: None Disclosure: Held
