I asked myself how many other local companies hold what MNM have got? none so as time goes by things will sort themselves out and we will be part of a producing company
Still those that got in at 2-5c aren't complaining and the newbies would be kicking themselves that they bought near or above 20c range but I see it that it won't matter down the track when you got in, for it will only reflect on the amount of profit margin that you will recieve if decide to walk away
I feel as though this country is slowly falling behind in sovereign risk department as I read months ago where Australia fell down several positions on the world scale
Foreign and local investors will look at this seriously as it impacts the whole picture because no body wants to operate a mine where you can't even put a shovel in the ground without huge time frames applying for permits (red taped beaurocrats everywhere) thats why I have diversified into australian managed coal companies like AVA for example but am not ramping them just comparing to the likes of MNM
This company will come up with the goods there just inevitably has to be a few hurdles to overcome like anything
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