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crowman28

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  1. crowman28

    SHD

    The fundamentals of this stock are rather confusing. How are they going to raise more cash at this price to further development its resources? They only got $3.3m cash left. They need a strong partner to proceed.
  2. crowman28

    MTE

    Look like those bids sitting at 31c are fake, now they are all gone. The placement was a bit too quick, didn't like the move at all. I rather they prove up the resource then raise cash at a higher price.
  3. crowman28

    MTE

    Doesn't make sense, why would they need more money now? I thought they already have $30m through the joint venture. No wonder the price hasn't gone up. They should only raise more cash when the price is a lot higher, to minimise dilution.
  4. crowman28

    MTE

    frodo, you can buy MTE shares at 32 cents now, hope you top up. The SP is very disappointing, it didn't follow the general market trend, that is up!
  5. crowman28

    MTE

    Frodo, Metro expects around 2 years to prove up the resource in the Columboola joint venture project. Look like this is a very long term project in my view. I wonder what progress thery are making in other tenements at this point. An update or some drilling success news would be great!
  6. crowman28

    MTE

    Any reason why Metro needs to invest in Indonesian coal projects? Shouldn't they just focus on what they got currently in Queensland? There should be plenty of coal for them to work on anyway.
  7. crowman28

    MTE

    Bank of America increased its holdings by 1.5m shares, surprised the price isn't 40c by now. Such a long wait.
  8. crowman28

    MTE

    What better news now, MTE joint venture receives final approval for the exploration of EPC 1165. The $30m funds will be coming, and work will be started once the funds arrive.
  9. crowman28

    MTE

    Good that you are in the money. MTE is closing within its all time high of 39c. Just need some volume to burst through it.
  10. crowman28

    MTE

    Can't really buy 100k or more shares per price now. I suspect the majors might have increased their stake the whole week. The top 20 previously held 74%, that should increase now I feel. Very tightly held.
  11. crowman28

    MTE

    I got plenty of these already, very happy with the accumulation before it broke out. Fundamentals do point to this being a $100m market cap company if the coal does prove up.
  12. crowman28

    MTE

    The capper at 35c has moved out, another crack at 35c now. Look like 33c was your last chance to secure some cheaper stocks.
  13. crowman28

    MTE

    Not sure why this is so hard to climb, it must be previous holders selling. They must have bought too high here.
  14. crowman28

    MTE

    Just need to clear 35c with a bit of luck, then this will fly away I feel. At least we know Bank of America is looking after this stock, they are constantly building a stake.
  15. crowman28

    MTE

    34c all gone in the morning, look like you might have to buy back a bit higher?
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