MNM's SP history tells us that when it moves up it does so in sharp 20-30% daily increments.
my gut feel is that the good news flow between 1-4 June will give the SP one of those trademark boosts soon now that things looks calmer on the asx.
the 4 day good news run includes:
* a likely BM brown coal JORC in July of better than 2 billion tonnes
* MNM JV partner exergen (including monster size backers tata and itochu) being named as THE key players in the Victorian brown coal pilbara in leaked Govt papers
* the revelation of 14 km of gold bearing shears at GC (capable of delivering 2 million ounces of gold based on the tests carried out to date)
The MNM sell stack is the lowest I can recall anytime in the last 2 years. The big question is how long do the hundreds of punters watching the MNM story from the sidelines risk waiting to get a stake in this?
the next mnm sp surge?
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