The only way is up, page-4

Hi NG please find my thoughts in response below.

"All they really have is the cash so I am not 100% convinced that IBML brings much expetience to the board of MNM"

Perhaps you should read the info in this link.
http://www.interbasemetals.com/about-us/directors

"I certainly hope Ian remains the boss and makes the final calls. "

I am pretty sure IK will remain as MD

"This is certainly good deal for IBML but not sure about MNM shareholders especially those that were buying in when the shateprice was much higher."

It would be a very tough ask for management to create the kind of shareholder gains without this kind of deal. This is good for all shareholders IMO.

"The only good thing I can see here is the $16 million but that amount doesn't last long either especially if they waste to much on the copper asset overseas."

Yes Mantle has required a substantial cash injection to really get things running. There is no way that they will spending any money developing an uneconomic copper project, that is the whole reason why IBML is buying into 2-3 economic gold projects.