Don't quote me on this but this is how I see it:
The directions hearing is adjourned till August 18 so I expect this court case to be resolved by this date and we should get another announcement on Friday 19th August. I feel this announcement will push share price up to about 12 cents - depending on world climate.
Also within two weeks is the drilling and joint venture news. Therefore this announcement needs to come out by August 25. Timing is perfect. One more week till the entitlements close. I feel this announcement will push share price up to about 15 to 17 cents. As for date of this announcement, perhaps 24th or 25th August.
Then I assume after entitlements and capital raising Mnm will be quiet for a while until October kicks in and they discover high grade gold and straight away this company will have a 20 cent share price minimum.
Any thoughts?
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