The companies goal is to move the project forward into development hopefully on the next results, they only need to prove up another 8mt max to do this. But I am not experienced enough to know how that might effect the SP, obviously its a good thing to move a project forward, but does the market generally react positively to that sort of news at this end of town, or is it just about searching for the next big deposit, and jumping off on first pass results if they don't live up to fantasy man's expectations ?
I noticed another producer in the area was trading at 27cents USD with about 4 times as many shares on issue. Is that where we are heading without finding a crazy deposit?
MNE Price at posting:
3.1¢ Sentiment: None Disclosure: Held