still going strong on large phosphate find, page-35

Hi all

Just looking at MNM:

Shares 160m (diluted)
Share price ~6c
Market Cap ~10m
Cash ~1.5m
EV = ~8.5m

With gold and now phosphate,you would have to think that the downside risk is minimal given that there is more drilling and anns to come.

I think the selling at the death were Dters panicing esp if they bought in the 6s yesterday and today. Over 50m shares were traded in 2 days >30%. There is def some manipulation and accumulation going on.

Enjoy the weekend all.