re: Ann: Pilot scale testwork confirms oustan...
Hi Cman,
After reading about this stock earlier this year and realising it's potential, I bought a few positions in March & April. What I do like about the companies future, is that it's very close to existing infrastructure for supply & plus export facilities and the exceptionally high 'micron grading' of the ore (it's arguably the best in Australia for that type of product). The high quality of the ore is obviously sought after by steel making companies around the world and the $ value that it acquires in the open market, provides a very solid economic viability case. There is obviously still a lot of work that needs to be done, but I am, like you, very confident that management can unfold the value in MAU. As to 20-30c, yes it should get there in time, however I am comfortable just 'flying under the radar' and collecting small parcels as this resource gains momentum. GLTA.
MAU Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held
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