MOO 0.00% 0.2¢ monto minerals ltd

monto fertilizer titomagnetite 25 yr mine , page-6

  1. 3,267 Posts.
    last sale 8c, very small volumes but the interesting indicator about the market depth is the lack of shares for sale in Monto Minerals,,,,,, only 136,557 between 8.5c and 18c.
    2.3m on the buy side and only 300k on the total sell side suggests that the infrastructure deals for the 2nd stage production ramp up could be firming up and this little producer ready to grow.
    If I am right in my observations, trading soon could be back to the mid teens. If the company announces the production ramp up, sub 20c levels again ? Possibly? I think so.
    They have forward contracts for all the organic fertiliser in place and they are continuing to produce the other forward income streams . The website has some excellent presentations well worth viewing.
 
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