I remember when Uranium was the flavour of the day on the ASX a few years ago. The small caps with Uranium did very well and the uranium stocks with good JORC's did even better. Many small Caps started to explore/drill for uranium to benefit from the excitement/sentiment....
I don't know of many ASX listed stocks with large brown coal holding. I don't see many with brown coal in Victoria which is one of the biggest brown coal resources in the world.
If/Once some of these Techs start to build demo plants and prove to be commercial. What will MNM be valued at based on their brown coal alone?
What if Exergen is a frontrunner and we already have the 50/50 JV in LV? I wonder what the earnings potential of 20 MTPA from BM would do for the SP if it proves very profitable?
I wonder what MNM would be worth if this all goes to plan and MNM has another JV in LV with Shanghai Electric??
So many ifs, whats but its great to have options and be leveraged to so many possibilities.
Come on IK, I bet you dying to get the balls rolling. It must be getting close
MNM Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
