agree Vertigo
today's cashflow report is also a very good source of info.
The key number in that for me is the plan for MNM to spend $946 000 this quarter on drilling & exploration work alone!
Given the current MNM cash balance is $2.5 million that is an extraordinarily bullish drill & exploration spend.
It is proof that MNM are moving quickly towards producer status and are VERY comfortable that they can access more funds at any time.
The Mt M comment suggests that the Djungan are still onside with us, and MNM and the traditional (and legal) owners of Mt M are now asking the Lib/Nat Govt for CSG exploration/mining approvals at Mt M designed to greatly improve the economic circumstances of the impoverished Djungan people.
Does anyone really think 'Can Do Campbell' is going to knock them back?
Ann: Quarterly Activities Report , page-3
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