what the year has in stall for mantle, page-24

S2N

"What is going to stop it going down to 2 cents..."

If you think that a company which has:

1) 1.5+ mill oz's of silver with upside to 5 mill oz's.
2) 200,000+ oz's of gold with up to 450,000 oz's.
3) 800 mT of brown coal with 50/50 JV with Exergen at BM for a potential split of $1.4 bill NPV.
4) 600+ sq km of LV tenements
5) 100-500 mT of black coal and ILUA at MtM
6) $9 mill drawndown facility in place.
7) Board of Director's holding 17% of shares.
8) T40 holding nearly 50%.
9) Management who ann what they say and follow through.
10) Low admin costs and most dollars spent on proving up projects.

...sure a lot of hurdles to come, but seriously contemplating a MC of $5 million for MNM which has good management, good projects, low cash burn, money organised, well...

...the fairy tales are elsewhere.

Cheers K