Agree with you Snowy. I have been waiting for a while now to get into MOT as my interest was in their technology and couldn't believe my eyes when they started looking at copper in cyprus...you have to be kidding.
Compliance and other costs for chpt 1 and 2 are an absolute killer. Also CASH IS KING in these GFC days and a going concern business is miles better than a copper mine that MAY start mining and producing in 4-5 years time. Ask yourself the question WHERE WILL THE MONEY COME FROM?
MOT Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held