nmp and spl addons... plant 1 upside., page-47

No problem- the above will get a copy when get the OK...

Do most feel we will trade in this 1-1.3 range until we get word of the Alcoa\MHM deal?

I am sure an ANN regarding completion of the Plant should ease the tension on delays- maybe another 50-80c perhaps.

Priced for delays IMO.

No value given to the probable Alcoa\MHM deal IMO- unless investors only putting say 50c value on Plant 1. Being a PE of 6. Then the rest is the overseas deal speculation.

No value on the NMP tech that could add HUGE value to the bottom line- IMO.

No value offerred for all the other assets MHM has in Tassie (Silica) and Gold (Africa).

I really cannot work out why the SP looks to be settling in the low $1 range. I spec that the 1.5-2 would be the mark before any deal or ANN of completion. We will see if the next leg up takes into this range once other brokers are satisfied MHM is all legit. Risk free on Plant 1 and the Aussie contracts with Sims and Alcoa.

Seems like the volume is going down, so unless other big brokers start buying in or even more publicity I guess we have found our range for now.

Things that can harm our price are the risks- delays in completion, no deal struck in the ST, income from Plant 1 is not as expected from Nov.....I think everything else like Silica, Gold, NMP tech, other assets, etc investors simply see as a bonus if happens. Yet apply no value to it until it happens.

So I can see why investors are being conservative, especially if they have not followed this company for very long.

Simplistically remember each Plant is $1 on conservative income. With no NMP tech, etc. Hears hoping numerous more to be ANNed and also at a lot bigger capacity. Especially OS as we get 100% of the profits. 8.6Mil income from Plant 1 is 60% of the profits being MHM share, meaning it will make 14M odd. Prefer 100% of profits OS than to keep concentrating in Aussie. I feel the Directors feel the same.

Hear comes a deal.

Anyway good luck to all holders...