The biggest problem now with this latest placement is there are now millions more 6c shares out there as well as what fortrend has left, it's in all these parties interests to get some confidence back with investors and let the price rise a little so they can make profits, but IMO opinion without substantial news from the company they won't be able to help themselves and as soon as some buyers build up they will dump and back to square one. Mantle needs some solid news on progressing mt mulligan or new developments on the brown coal pilbara, and soon.
MNM Price at posting:
7.2¢ Sentiment: LT Buy Disclosure: Not Held