BR, MNM already has a MC of about 12 million excluding cash...
IF Exergen does get about 30 million ALDP funding and does commit to building the +-$60 million demo plant of which MNM is free carried...
IS there room for a MC rise based on this??
I suppose the 20 MTPA potential at BM could help??
Maybe a S7 allocation, another JV partner in LV could help support a higher MC? We should have some serious resource there and with a growing interest in LV, that should help increase the value of brown coal??
mmmmmmmmm hard to say
Maybe we will need some good news out of Mt Mulligan to deserve a higher MC??
Maybe we will need another 400 000 ounces gold at coronation to justify our MC?
:-0)
MNM Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held
