The MNMOA's are not looking good at all BUT I still have some hope that they will be in the money.
I think Exergen will get ALDP which will be good for MNM.
I think MNM has another JV partner for the LV besides Exergen but when will we get some news is anyones guess??
Looks like MNM is waiting on ALDP news which could be tomorrow or could be in a few months?
Is MNM waiting on the remaining LV tenements to be granted before doing another JV in LV?
I still think MNM could do some huge gains if the right news is announced very soon.
We really need the SP over 8 cents by about 20 November for the majority of MNMOA to be exercised IMO....
How nice would it be if the SP was about 8 cents with very few on offer and you had a heap of MNMOA to convert??:-0)
My plan A is we get good news...
Plan B, McNally the second largest MNM shareholder has supported MNM in a big way the past 2 years. They have done more than one placement and they have a vast majority of MNMOA's? I assume they have a fairly bullish view to pump that amount of cash into MNM? I assume they will be wanting those MNMOA to be in the money and I assume IK will be wanting to keep the second largest holder happy???
If IK thought the MNMOA's would not be in the money, would he not have extended them already?
Seems like he has a few tricks up his sleave for November IMO....
I would not recommend buying MNMOA right now UNLESS you have a high risk threshold and you prepared to take a hit....
I am seriously tempted to get a few more MNMOA if I see a seller at .002
Yes, risky but could be the play of a lifetime IF IK delivers......
ALDP delays are a good reason to extend the MNMOA IMO,,,,That will be great news for all MNMOA and MNM holders because we need the cash.....
(one month is a short time when looking at the MNMOA but no problem if we see line wiping and very few shares for sale. Most of the people I know have millions of MNM and none of us will be selling in a hurry that's for sure, some of us may actually be buying more when we get some definite news)
The MNMOA's are not looking good at all BUT I still have some...
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