You are most likely correct Adder , the MPM NLWS contract news will be an interesting as its the USMC that is initiating the contract. Left to usual Defense Co,s , interest MST may not have any chance in the nearer term Aust or US ? If MPM happens it may change the prospects for MST. So many previous MST projects over the years never seem to be mentioned by the Co now ? 3 GL doesnt seem to be discussed much now either. No further news on the Colt interest or updates ? Not sure if that affiliation was hinging on PNG contract success. Anyhow I have a hunch also perhaps a long wait ahead if the Co can manage the funding financial situation. The apparent current Director share holding does suggest to me they are not expecting major developement soon.
MST Price at posting:
0.1¢ Sentiment: None Disclosure: Held