It does seem like there is always a juicy carrot dangling in front of us, just out of reach. Gas, brown coal and now gold coloured carrot.
Some out of the ordinary announcements of late also, mco aqcuisition, China Success deal then that African copper mine mob (forgotten their name already!), China Success deal then Africa copper mine mob deal gone by the wayside, confusing mco shareholder ann.
I have been an investor for a while, will wait and see what the next few weeks brings by the way of finalising deals.
Gold price holding in the A$1600 range. Good for a company that is sitting on three gold mines. Was reading another asx goldie investor preso and a table of EV/ozs. Mantle would be rock bottom last on that table.
That is, cheapest goldie on the asx for the ounces in the portfolio. So plenty of upside if deals come through, capital raised and gold starts pouring.
MNM Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
