The opinion is that there has been an expectation for quite some time that these projects were about to deliver something significant .
Partners have been names , valuations suggested , quite a lot of hype overall .
Originally the aluminium business was going to be the provider of cash flow to take the mining assets to production
In my opinion the updates today can only be iewed as promising a lot and delivering a little , and as a result i can only feel that in my view is negative.
To move forward in my opinion a significant amount of ,money will need to be spent , and it is not $40000 as you , or the market expects , which again in my oppinion is poor .
Lets just wait and see what the annual report and quarterly shows as the annual and quarter spend for holding this asset , before dismissing my view as simply a downramp view.
I am not doing that , I am simply saying it as I see it , and trading it as i see it , which at the moment is a short term sell rating with a long term buy rating .
I think the share price will see 90 following the release of the annnual report , and after the quarterly .
This is based on what I expect the numbers to be compared to the numbers and expectation that the majority of holders have
Just my view .
MHM Price at posting:
$1.05 Sentiment: LT Buy Disclosure: Not Held
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