So.... They're issuing a total of 400 million new shares at 1c each. Mnm will have almost a billion shares on issue. So even if mantle ever did make a profit, there is so many shares on issue that the earnings per share would be minuscule, meaning continued languishing share price. Crucially, I see there is absolutley no info provided on how much mnm will recieve for a tonne of "concentrate" or how much it will cost to produce the concentrate so investors haven't got a clue what, if any, profit margin there is. At least you lot don't have to put your hand in your pocket this time.
MNM Price at posting:
1.5¢ Sentiment: Sell Disclosure: Not Held
