ilua registered without objections, page-16

Hudson, I feel your pain and fustration....Its been a pumpy ride and many holders are pissed which is expected.

I bet LT holders of MEl,ORE,GXY,AGO,etc etc are are fustrated at the SP...MNM is not alone

I think people sometimes forget a few key thinks though...


Most small caps are looking to try find an economic resource? yes
Most will find some resource and have some JORC but most will never get developed due to resource size/grades...
This is FACT IMO... SIR was one of the very few that found an economic resource and look at them?? This kinda rerate is not common.


MNM on the other hand is riding on the back of a new sector to some degree. Our BM resource/development is largely relying on Exergen, their backers and gov for the moment???

market needs to see that Exergen gets ALDP funding, demo plant is built and works as expected....

yes, there is risk but we already have the coal, we have a large resource already...I think Exergen/backers are excited and confident and so am I....

If all goes well, MNM will be perfectly placed to rerate in a HUGE way the next year IMO...

Even if we disregard BM/LV we still have the CSG potential at Mt Mulligan and other resources..

IMO this company is in a much much better position than any other explorer on the ASX with a MC of 13 million so I am putting my money where my mouth is...

Looks like many who know more than me are in agreement. I am sure IK and the MNM team know much more than us holders and what are they doing??

selling or buying