AUL 0.00% 28.5¢ austar gold limited

what the year has in stall for mantle, page-39

  1. 806 Posts.
    lightbulb Created with Sketch. 129
    Come on Vert, you know Vero has never got anything nice to say about MNM - a stock he holds and has done for years.

    We have gone over the reasons why the SP is where is is numerous times, but I agree totally with L, why stand up and push the SP sell side when the sellers just keep coming into the sitters on the buy side.

    Yes, all progress and FA aside, the big question is will MNM need to raise again before either MtM or GC kicks off and results of same come through?

    Buyers really need not worry as either project kick off will be ann'ed and then buying on anticipation will occur, I think, hoping for positive results.

    Until then, buyers can sit tight and let the sellers come to them.

    The real kicker is will IK deliver something extraordinary to the market (LV based?) before another CR or MtM/GC that seem to be Mar/Apr/May away?

    S7 later this year now.
    MtM late Mar 13.
    GC sometime Apr 13.

    Buyers know they have a month or two at least and are in no rush to move the SP North.

    Interesting that 5 mill plus traded in last 2 days churned at 6c'ish, but only 500K today.

    Just my postulations...

    ...and, as ever, LT focussed here with MNM.

    Cheers K






 
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