I agree 03boz- look at the price of BHP ATM, market sucks........

I agree 03boz- look at the price of BHP ATM, market sucks..... Cash is king. I my opinion 16.5 million today is worth more than that in real terms....

The 1 for 12 consolidation is fine. The SP will also be multiplied by 12 so we lose nothing.

Having about 18 million cash and near production makes Mnm very appealing.
Very low risk with cash backing no debt.

Gold is great play in Australia ATM.
I think Mnm should now be valued at closer to 50 million based on cash and PE in near term.

That means that the big boys will/ can start to look at Mnm more closely.
Many big boys/instos will only look at a company with Market cap over 50 million.

We are now leaving the spec stock category IMO

Great news IMO. I expect to see Mnm over 2 cents today

Dyor