MNE 5.26% 3.6¢ metallum limited

Ann: Metallum to acquire the Kopore Copper Project in Botswana, page-35

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  1. 353 Posts.
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    Any danger of reading today's announcement and associated presentation wabbit? What has happened in the past does not matter. This is a new play with new management and new shareholders. We have seen 10% plus turnover in the register today plus the $3m in placement. It is a new company. The market doesn't care what you paid for your stock you clown - the reset price is 2c. 10m EV at 3c appears reasonably attractive given the leverage to a new global copper province. Do some research or speak to someone more attune to the happenings of global markets and you might be able to make a buck or at least break even... Or perhaps find a new occupation/hobby. Cheers The Doc
 
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