WAL you're a dreamer, MNM has definitely seen its SP eroding over FY11 however this stock is mid-long term play. Brown coal is a huge factor in power generation for VIC (and the world) and it is only a matter of time b4 this really takes off, its called JORC (Mt Mulligan will be a bonus)! All the posters here are believers of MNM and the exergen tech which is why they're in for the long haul.
Any company has its challenges and MNM is constantly trying to move forward by securing LT tenements and be one of the big players in Lignite or brown coal, this is the lowest rank of coal and used almost exclusively as fuel for electric power generation. IK do us proud!
MNM Price at posting:
5.5¢ Sentiment: LT Sell Disclosure: Held
