We have had a small reduction in price on minor volume. (the volumes traded since the last announcement has been well below average.) Obviously the vast majority of shareholders have retained faith in the management of MUN and are looking forward to production form Christa.
We must also thank management for the open and honest way they have provided details of this little problem. Rather than trying to provide a specific date for the completion of remedial work they have simply stated that "production is expected to resumed in the short term". Such a forthright approach is to be commended.
MUN Price at posting:
21.8¢ Sentiment: LT Buy Disclosure: Held