rabbitoh, It is common practice where a company receives lab results and then seeks a TH as they have to prepare an announcement that can include commentary/ interpretation etc.
The TH allows orderly market release of the results rather than receiving them and working through preparation of an announcement and risk the results being speculated on without commentary.
Further re rating potential when announced. MNM has large acreage in a phosphate province having recently secured more tenements in the guts of the basin.
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