MUN 0.00% 4.8¢ mundo minerals limited

mun trading halt ..., page-13

  1. 3,827 Posts.
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    SP, I dont know - just guessing which will soon be proven right or wrong when trading resumes. My guess based on
    - halt called even though no urgent need for cash ($8m in August), so I guess company in position to seek good terms now well before need is urgent
    - value Engho and Crista and everything else at zero, Torrecillas with 15g/t and $500/oz costs worth several multiples of current market cap - unless DFS is disappointing
    - MUN have several big investors on register already who can drop $5-$10m without a blink, so MUN has choice again.

    Hope I'm not proved wrong when trade resumes. Time will tell.
 
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