best small cap on asx?, page-26

"June draws ever closer...but the buyers just keep drying up atm :("

Mrs Peel,,

Unfortunately MNM is not immune to the Macro Enviroment including the overall selloff going on at the moment.

MNM is down over 50% the past few months but so are most other ASX stock I follow.

The US Market needed a pullback and we seeing it right now, as usual when the overseas markets rally 3% a week the ASX rallies 1%, when the US Market falls 3% a week we fall 5% go figure??

I blame the stupid Gov and greens what who am I to say. I think the ASX will start to stabilize once the Liberals come back....I cant afford to spend money I dont have and nor can the Gov afford too....They need to stick to KISS for the tax and regulations IMO

just be happy that MNM has no debt and if markets totally colapsed we could survive on about 1 Million per year...Not many small caps have a burn rate as low as us and so many exciting projects.

Everything goes up and down IMO, right now the cycle is down and soon it will be up again IMO..

Bring on the drilling, ALDP,S7 news and this little gem should outperform the rest of the market IMO..

The world still needs energy,coal and thats not going to change anytime soon. Who can produce the best product for the cheapest price is the question we need to ask now?

Does the world need clean coal?
Does Exergen process work well on Commercial scale and at what cost?
Can we produce a thermal coal at a cheaper cost than other Australian Producers?

If Yes,,,we are smiling IMO

Be strong and when looking at MNM, I recommend you look at the rest of the market to put things in context...