I will start my post by saying I am 1000% behind MNM, But the "progressing talks" does not cut it no more. Exergen/MNM have been in discussions ever since or even before IK joined MNM, Exergen know their tech works, MNM have all the brown Coal, with a heap more on the way, Sooo, why the delay?? With so many new techs popping up and with a 1st in best dressed motion in Vic re clean coal, Why would Exergen even risk being pushed aside in the brown coal race?
The news I got today reflected a earlier post re MNM and timeframe and jorc timeframe, So my understanding is...l it will be a traders stock for the next few months with people riding the spikes on news..... Not very happy I must say. So at best we will spike and possibly go sideways/backwards, yes there is solid support but.....for how long??
I am temporarily out of MNM with most regulars knowing my reasons, I was scared I was going to miss the boat as I have my funds elsewhere, but after the meeting it seems I'll sit on the sidelines and choose a entry.
Sorry to say it, but dissapointment for the 1st time in MNM, 2 weeks from now would be a long wait let alone 2-6 months
MNM Price at posting:
11.4¢ Sentiment: None Disclosure: Not Held