MBK 0.00% 1.8¢ metal bank limited

2019 and beyond, page-33

  1. 1,952 Posts.
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    MBK Management have done it before and are having a red hot crack again.

    What I like here is they are not rushing to make the next move. They are being very considered and in the face of market pressure to report results are working through the information quietly to decipher the next move to make.

    That to me is a sign of strength and quality to remain calm. 

    One thing I have observed about smart money backs it at half a cent, one cent, three cents. What we want is what we are getting now because really that is the different between A grade B grade stocks- how do we remodel rehash retarget to make sure we are drilling in the right areas. Not wasting cash taking wild swings.

    Multi projects will see news flow arrive. 8 mile was a bit if score and they are super focussed on delivering multi million ounces which takes time. Market sell offs due to impatience seem to be where the smart players see opportunity and tend to clean up. How many pullbacks did NST have?




    Last edited by MandB: 09/02/19
 
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