I know MNM's move is coal related but the phosphate sector is hotting up and our tenements in NT must be looking good with neighbours POZ rising 60% yesterday and MAK beginning a charge as well. I think reprioritising is fine but im sure a few strategic drill holes that finally show some phosphate would add another string to the bow and could be spun off or sold to a serious phosphate player. Strike while the iron is hot,surely the tenements are worth more than 0c to the SP.
MNM Price at posting:
19.3¢ Sentiment: Buy Disclosure: Held