Go and do some research before you post rubbish like that. MNM has a 500Mt coal mine in the making as well as the phosphate tenements. The dilution is minuscule and has already been factored in by the market, it is old news.
Full list of projects below:
Coal Mt Mulligan Coal Deposit Jun 08 Mine access and report Dec 08 JORC resource Jun 09 pre-feasibility study
Phosphate East Tennant Creek EL26018, EL26019, EL26020, EL26021 Applications Granted 5/12/2007 Team is on the ground surveying, drilling this quarter.
Gold Haunted Stream & Mt Baldhead Drilling Commenced 21/02/2008, drilling to be finished soon
Granite Castle & Great Britain Drilling Commenced 14/01/2008 Unknown finish date
Charters Towers Drilling Planned after Granite Castle 2000 metres of RC drilling unknown finish date.
Uranium Julia Creek EPM15537, EPM15538 Night time infra red imaging of paleochannel targets Results not yet released
Clarke River EPM15534, EPM15535 Desktop work commenced
Eight Mile Creek EPM16878 Application in
Lagoon Creek EPM16880 Application in
MNM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held