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MINMET PLC FTSE MNT

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Marko68085 - Wed, 02 Jan 02 :

wdurham,

I'll answer your question to kaota and rayrac if you dont mind.

Its quite simple, Minmet doesnt have any proven resourses therefore its value is somewhere around 2-3 million making it currently overvalued x 20-30 assets vs mkt cap.

You may well think that MNT will come good (maybe even this year), but just how much actual VALUE will any of these peojects add? (I honestly dont know, but one things for sure if MNT can sell there zinc find for the 180-200 million that goatherd seemed to be implying then im selling my shares to finance my own explorations!!!)

You also may not like it when people dismiss mnt so lightly, but cuurently its worthless, which is why (obviously intelligent) people such as alsfar have become increasingly critical.

Anyway. Happy new year to you and all.


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