It seems to me a lot of unnecessary angst again here. This is the speculative junior mining world we play in. Regular cap raisings and unforeseen timeline delays are absolutely part of this world. This is precisely why investors look for 5x + on these investments. History has mapped out the expected returns versus risk. It seems that people still think there are free rides in the investment space. Understanding risk is ALL that matters. Ask the numerous young people who have bought into the Sydney property market 15 months ago who now have negative equity because "property is a sure bet "!!!!
As far as I'm concerned TMT is following a well worn and perfectly predictable path and remains a very good risk versus reward proposition .
TMT Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
