Personally i dont think the access itself will be enough to take it up to previous levels. I mean I hope Im wrong, but this drop is a pretty big one that will most probably need more back-up to boost it
The phosphate developments will definitely help this stock out I think. They seem to be the backbone of MNM's struggle so far.
We have suffered due to delayed results and expectations have been pretty high. The disappointment has been reflected in the SP.
Main thing is fundamentals are still there and the markets are still slowly picking themselves off the ground for the time being.
Im holding. Cant lose if you dont sell (unless we go bust, but il take my chances)
Cheers TD
MNM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held