Just had a read of all the posts, looks like most of us agree that the news was good but not what the market had expected as kranky described. Personally, I am just happy we got a positive update about Mt mulligan after hearing nothing for three months.
We know the tenement is in good standing now, after Calcifer had left things in a mess.
We know that MNM has met with the Traditional owners and they still finalizing the details of the agreement/ILUA...
What more can we ask for really? I assume the ILUA will follow in due coarse
All the chatter the past few weeks has been about BM and LV anyway.
We were all excited a few days ago after we were told to expect the JORC in July?
Many of us belive the JV to be progressing well as announced several times.
Gov seems to be backing brown coal development so all seems GREAT IMO..
Today was a red day and many stocks got sold down not Just MNM.
I took a punt and bought another 200 000 odd today as I am in for the long run.
I am expecting lots of news in the next few weeks and I am excited about all the projects MNM is working on.
We may even get an announcement next week in relation to GC drilling?
Seems like allot of good assets for a company with a MC of 25 million..
I wish the news have have been the BLOCKBUSTER we wanted BUT it wasnt BUT I was happy to increase my holding at prices I was happy to pay...
No guarantees, just calculated risk,timing and a bit of faith I suppose
Add to My Watchlist
What is My Watchlist?