'spike' may be the wrong word EB, but you know what I mean.In...

'spike' may be the wrong word EB, but you know what I mean.

In both 08 and 10 MNM became the subject of frenzied buying. It was driven in 08 by Mt M's huge potential, and in 2010 by the exergen JV at BM's huge potential.

Both those projects now look like running in tandem, which is simply astonishing. I have always backed MNM in the hope one of those monsters would come off. I never thought they both would, let alone be both potentially dwarfed by the vast promise of MNM's LV brown coal holdings.

with Exergen assuming full control of BM under the JV, and paying for the demo plant, you have to assume MNM's focus is about to switch to Mt M, and drilling the LV and gold projects.

what an embarrassment of riches for a $30 million MC company.

the second half of 2012 looks perfectly poised to deliver the reward LT MNM holders deserve.

Those not yet set will have to fight for a piece of the action if they leave it much longer.

When will that fight start in earnest?