the same crew who walked mnm down in small steps towards 20c are probably the bidders for 150 000 at 19.5c. you would have to be plain dumb to fall for such obvious manipulation on the eve of the mt mulligan ann.
mnm have $3 million cash and a $12 million market cap. so the markets implied value for 4x MAK's phosphate acreage only 20 km away from wonarah and 500mt of qld coal is $9 million? plus the gold acreage. seems a little light on to me, like $100 million light on.
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