I have stated before that MNM face a very long uncertain road to drill let alone produce...but I didnt rub in the obvious. You guys dont get it... yet.
BM is in a growth corridor. It is very unlikely a 20 mtpa operation is going to happen in BM.
You got the Intersuisse connection wrong. They were spruiked here as instos...nahhh...ESI has been through them. You guys are just tracking ESI in that respect.
Some questions:
Why isnt Tata, Exergen etc funding the lousy $1.5 mill reduced from $2.9 mill?
hardman - you are always repeating how Tata etc have m/caps of Billions - where is it re MNM?
Why cant/couldnt MNM secure LV coal rather than desperately try to drill in a BM growth corridor?
To be blunt - my experience tells me there is near zero chance BM will produce a 12mtpa operation in a growth corridor.
Interesting times - raising cash
Btw dont write ESI off...
MNM Price at posting:
8.6¢ Sentiment: None Disclosure: Not Held