What you are TRYING to insinuate would be major disincentive for ANYONE to invest in MNM:
"the obvious thing for MNM to do is hold back the BM exploration JV signing until after the 6c shares and ops get allocated in October. if the MNM share price stays around 6c during the CR period then probably 50%+ of the 32 million new MNM shares and 32 million free 7.5 ops will end up in director hands under the sub u/w deal."
To translate, the board has their own interests ahead of SHs and, this is not a company I would want to be part of, zero sum game = someone gain (Board) = someone else's loss (SH), especially existing SH.
The justifications is approaching ridiculous. I seriously hope this is not the case.
MNM Price at posting:
6.5¢ Sentiment: None Disclosure: Held