"It takes courage to buy into mnmoa options at this late stages to the game".
I suppose it does, esecpially if you don't think that 2c oppies will be in the money at 9.5c per share within this year.
If I felt that with all that was brewing come Q2 2013 with MtM and GC that solid positive news wouldn't see the SP re-rate to above that, I wouldn't be holding MNM or MNMOA full stop.
At this stage there are 1.2 million shares on the sell side to see us back at 10c - excluding FT and other sellers coming on the scene of course.
That's not a lot of sell depth there S2N.
That's less than half of 1 per cent of all shares on offer back to 10c and approx. 50% of the shares held by the T40 of which most would be averaged above that.
Personally, I like my odds here and I've not heard anything from management or project progression concerns to make me think otherwise.
Cheers K
MNM Price at posting:
5.9¢ Sentiment: LT Buy Disclosure: Held
