AUL 0.00% 28.5¢ austar gold limited

Hi Socrates-I hope MNM nevers considers splitting the assets...

  1. 4,255 Posts.
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    Hi Socrates-I hope MNM nevers considers splitting the assets into coal and other minerals because this is one of the things I love about MNM. For such a small cap stock we have exposure to so many commodities which IMO is like a built in hedge.
    Picking one good stock or commodity long term can be tough but picking a good stock with multiple commodities is easier IMO.
    I am also happy that MNM runs a lean ship and I see no point in having two lots of Administration expenses at this stage.
    I think most MNM holders see the potential of some assets being sold down the line once one or two projects go into production but until then we get the exposure of the lot all for the very cheap price of just over 20 million ;0)

    This is why I am overweight, we have a hige variety of assets with huge potetial unlike many other small caps who have one or two projects..
    If gold continues higher or stays above 1500 we in great shae IMO?
    If phosphate ever takes off we have some phosphate?
    We also have the black coal, brown coal, CSG......

    lets hope for news today..






 
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