Mt M was the key MNM SP driver to 50c in 2008. Phosphate was involved as well on Wonarah nearology, but Mt M was the key. Either way, both the NT phosphate and the Mt M coal are still under MNM control, so the point is a tad moot as to MNM's Sp potential.
Any debate about this can be answered by searching back through the May-June 2008 MNM posts and see what all the posts were about. MNM had a fairly robust team of HC posters in those days.
unimpeded Mt M access has to be worth 10c-20c to the MNM SP when it comes through by either Court order or Calcifer capitulating, an outcome that looks highly likely in either late 2011 or early 2012.
DYOR
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