Two years ago the SP was 50c. I'm not sure what has driven it down to the current levels - GFC I assume.
With yesterday's announcement and other potentially positive announements due soon, I'm figuring the SP will surely head back towards 2008 levels.
Even if it only gets half way back by the end of the year (25c) this would put MNMOA at about 18c - which is why I think the options are worth a close look.
This is not a very quantative post but it may be more constructive than some (though I did find them funny).
MNM Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
