Phosphate is in limited supply worldwide with a regular and increasing demand to grow all crops. This will wax and wane but the demand and price will steadily increase year by year. MNM have not yet proved any mineable amounts and that exercise can wait while the company concentrates on the major enterprise without diverting resources to the PO4 project. If there is any inground value waiting to be discovered it can only increase in value over time; paticularly if MAK get a successful enterprise going. As I have said before I have NO sympathy for impatience.
MNM Price at posting:
19.3¢ Sentiment: Buy Disclosure: Held
