A 22c sp would be a 69% increase on the current price which I see as a pretty decent return on investment.
Keep in mind that my 22c price point (assuming something completely unforeseen doesn't happen) comes from a 60%(?) decrease in Rock Phosphorus prices, a p/e ratio that I see as bargain for most growing companies, 10% reduction in production, ignores the 8 year tax free status, has a 10% increase on the original estimated production costs.
MNB Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
