the all ords is likely to add another 100+ today on growing optimism about QE3 being unleashed on Friday.
if the MNM board has been patiently waiting for the perfect day to ann the JV to get the SP back well above the CR level there may not be a better one between now and the cut off date.
on the other hand, if the JV is not a goer it also makes sense to ann that news on a thumping up day as well to soften the impact.
the non brown-coal projects alone justify 20c+ MNM.
the million+ ounces of gold that looks set to be jorc'd this year at granite castle is worth more than that in an era of $1800 per ounce gold.
MNM Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
