mnm and its future, page-34

People continue to talk about the long wait for BM production but I am very surprised.

-Did MNM holders actually think we would be exporting BM coal in 2 years?
-Do MNM holders realize it probably takes over a year to build the 20MTPA plant?
-Do MNM holders realize the time it takes for coal mines to be approved/built in Australia with all the regulations?
-Do some holders even realize how HUGE 20MTPA is and the potential earnings?
-IMO 5 years is not that far away.
Most companies that can produce 20MTPA of coal have markets caps of BILLIONS because this is not a small mine.

I think people need to put things in perspective a bit. Market is also down a few percent the past few days which is not helping because some people sell on red days no matter what they holding. This is probably why many of us buy on red days as it cheaper.

GC might still have a few better drill results in the near term?

I am sure Mt M is progressing well and if all goes well we will begin value adding and drilling this asset by 2013 and possibly/hopefully in production before BM if all goes well.

Patience required IMO