As a large long term holder I can understand everyone's disappointment including our friends at ESI.BUT I believe this is only round one where MNM are still in confidential discussions with whom (Maybe SE)They have their own technology but not Brown Coal and are probably one of the successful applicants, so we are still in the game. ESI have their India fall back position too. We are fortunate that the SE part of the LV activity is relatively short term compared to ESI which is a longer term proposition in India. I am still confident of a positive result this year.
MNM Price at posting:
3.6¢ Sentiment: LT Buy Disclosure: Held