Smart play to hold on the run for larger gains, 5.8(a) with current 6.2(sp) and a lot of PT shaken loose at 6.4c. Could see a more significant run up to 6.8-7c based around licensing; however, I don't trust the management of MGC wording within announcements as it may not translate to how it reads possibly, will have to see.
Really good news if the Australian licenses are starting to come through should be a bit of a boost to the asx listed MM stocks over the coming month since leveling out or declining recently.
MXC Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held
