Well done Kranky - a masterful concise summary of our position. I do not mean this in any derogatory way,but on the contrary with the hope that you can profit from what Kranky & others have outlined - M20, Insane & others over here from ESI, do yourselves a favour and back two horses in this race. I really think you would make more money though if you sold out of ESI and invested it all in MNM - in other words as has been said, back the assets in preference to the tech (one of many). If you want a lesson in share dilution with billions of shares issued in continuous capital raisings have a look at LKO who have been drilling in East Gippsland for an eternity. If you want another lesson why you shouldn't back the tech in preference to the asset, have a look at INL. IMHO, both of these companies have been salutary lessons.
MNM Price at posting:
10.9¢ Sentiment: LT Buy Disclosure: Held
