AUL 0.00% 28.5¢ austar gold limited

Mantle Coal & Mantle GoldI wonder whether it would not benefit...

  1. 1,110 Posts.
    Mantle Coal & Mantle Gold


    I wonder whether it would not benefit MANTLE to split off Mantle Coal Resources and Mantle Precious Metal Resources

    At the moment, the market does not fully recognise the impotance of either resource. And I would not be surprised if Mantle's focus is confused and it would greatly benefit from having two separate and focussed coal and gold entities.

    IMHO, we could immediately see, the SP for each entity rise to 20c plus, or at least 4 times the current SP

    It should not be difficult work out the value of the coal and gold businesses and offer MNM share holders x shares in Mantle Coal and Y shares in Mantle Gold.

    This would also stimulate non-MNM holders to buy shares in MNM
 
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