the australian investor

Interesting read on MNE website, for all those who haven't read it.

I particular like Zeff's comments on the current SP.

“I think we are greatly undervalued given our market cap, given the grade and scale of the project, given the proximity and access to toll treatment facilities and our advanced licencing position which includes the ability to produce ore.

“We are probably a bargain for the right people who want to get on board and support the Company for a medium term view rather than short term investors and traders.”
The top 20 shareholders currently hold around 40-45 per cent of the 300 million shares on issue, according to Mr Reeves.


http://www.mininggroup.net.au/images/announcements/The_Australian_Investor_March2014.pdf