I understand that Presentations will be done in Melbourne, then Sydney and lastly in Brisbane so others will get to know if there is any good news before we do. I suspect that the ASX relisting issue and support for that course of action is the primary reason for the East Coast Road Show. If you ignore country risk and the turmoil of the world's financial system (broken) and just consider the planned production numbers and costs to operate etc etc then MWE does stack up to be a very undervalued share - yes, along with many others on the ASX.
I plan to vigorously and enthusiastically support any proposal to relist on the ASX.
Cheers
R1
MWE Price at posting:
0.0¢ Sentiment: None Disclosure: Held