Ann: Company Update , page-15

Supply dried right up prior to this announcement, and it seems with good cause, pretty positive on all fronts. I'd like to see some firm contracts on NMP as without them we're still not closed loop. However, that the company is confident enough to get the press across from overseas and push on with increasing output implies that they think they'll shift the stuff one way or another.

Astounding how supportive Alcoa continue to be, I wonder if they looked at which was costlier, bailing MHM out or defaulting on all the waste that isn't being cleared. In any case they're a great sugar daddy to have.

Still not sure I fully understand the implications of the FR saga fully, surely he needs to get in line, his 8% of the company could be worth an absolute motza if he let the new management get on with things.

Seen a few posts talking about topping up at below 20 cents, last time I checked there wasn't anything much available below 0.250. Very hard to know where it'll end up, we were only down at 0.16 when it looked like the whole thing might go belly up, there's been a 20% rise since then, will the price push on much more, or will this good news be sold into heavily by stale bulls who are fed up with the lack of progress.

I agree that it would be great to hear from the more bearish voices on hear, i suspect that some might say MHM is still very overvalued for a (at best) marginally profitable) dross/slag recycler, and even then the valuation can't be made until a quarter of true profit has been proven. Trust in the company must be wearing thin for many given past misdemeanours, that said the management change might be helpful. I guess valuation depends on blue sky optimism vs the need for proof of numbers and a solid NMP contract... I look forward to tomorrows action with interest...