I hope, assume some of the stale holders have sold over the last few months...
Looks like new management are focused on Morningstar and getting the job done....
This company was very fortunate to buy a project which has millions of dollars of plant and infrastructure already in place,,,,,that is worth MILLIONS
as someone mentioned,,,the accumulated 30 odd million in tax losses is HUGE when we get into production...Imaging paying no tax for a few years??? this has value IF you generate revenue....
Gold price in Australian dollars has been good for a few years and could continue to be strong,,,this will also have a direct impact on the MNM SP.....
those of us who know MNM well seem MNM double in days and this could well be the case again...
dyor and good luck,,,we due some luck
MNM Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held