Given 2/3 cash 1/3 EV from mkt cap and a raise ar 0.5c a spread...

Given 2/3 cash 1/3 EV from mkt cap and a raise ar 0.5c a spread of 0.5-0.6 might suggest selling at 0.5c might be limited.  With that in mind 0.6c might be an early bid target prior to completion of new share listing process. 

Might be a case of first off the blocks...

JFI

The recent 0.5c bottom comes off the back of a multi year RSI weekly low in the mid 30's.  This may well be a key point in MTH's trading.  A double bottom weekly RSI seems to have been put in with Oct 2011 and Dec 2018 being the two months where the lowest recordings of RSI have exhibited.  This follows a major washout by looks of it and a tidying up of the balance sheet with soon to be very favourable ratios particularly cash v's ratios.

One decent hit will likely get some positive momentum back and a project(s) worth time and money to push things forward.   The Nickel sulphides present with a decent drill might play out well and the Zinc project being in super close proximity to decent grades and size has to be in play. The recent heritage agreement is a good step forward and puts in place opportunities to seek out decent grades and potential size of Zinc.

JFI