Anything is possible at this point. MTO can have good production numbers, become cash flow positive and take off..........OR MTO can have bad production numbers, become insolvent and crash! 3 other fledgling miners I follow, GBN, FAU, and GGN are all having a terrible time of becoming profitable! GGN just had to give up 60% of their project due to cash-flow problems!
Metanor better hurry up and announce a financing or they will have zero room for error! This market crucifies miners who aren't profitable! I believe the upside and downside risk are equal at this point. I will stay on the sidelines until some major money is raised or they can sustain 3 or 4 thousand ounces per month for at least a quarter.