"Was this an example of artificially propping up the price to give it room to tumble on bad news? or Someone trying to get a pump and dump going before the bad news was released to sell in too?"
IK has stated that MNM is in negotiations????
who has been buying the last few days is a good question???
did some punters think Exergen was guaranteed to get ALDP
OR
are some people in the "know" with regards to the negotiations currently underway and want in ASAP????
-MNM has lots of brown coal -MNM still has a JV with Exergen -Brown coal Pilbara seems to have attracted some big international companies and the demand for brown coal could be set to explode? -who is MNM talking to and what does that mean for MNM? -How did MNM get the new tenement for the 80 cents royalty...did they need some good negotiating power/figures/proof?
I am surprised by the news but this is just aother day and at least we can move fwd and look fwd to more updates...
I was getting tired of the aldp delays
IMO the SP had no ALDP cash built in anyways...
MNM Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
