Giant Silver miner Coeur D'Alene lists on the ASX this week (code: CXC). After absorbing Bolnisi, what are the chances that it will set its sights on MacMin? Surely MMN is ripe for a takeover, and with its market capital at around $100m, it wouldn't be too difficult for Coeur to make an attractive offer.
What Macmin needs to do, and quickly, is to start producing anticipated production revenue figues. The ongoing silence is not doing current shareholders any favours.
MMN Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
