Thumbs up from me! I spoke with Ben recently (last couple of weeks) and all is going to plan! As frustrating as it is, I'm also sitting tight waiting for the news that will flow from this Company in three directions!!
As has been mentioned, the earnings AL capacity relative to the Company's shares on issue and particularly the possible US expansion is impressive and this is only one of the projects!
Add the gold and silica and well the sky's the limit!!
If the suggested time lines are met, by year's end we'll have the answer to all three projects' standing.
I agree with someone else's comment that I wouldn't be at all surprised to see something like an in specie offer by MHM and an off shoot similar to the likes of AOE, ARU etc with one of the projects. At a guess, I think the silica aspect would be the probable choice but mere conjecture on my behalf!
P.S. Article on Simms in the Weekend Fin Review.
MHM Price at posting:
20.5¢ Sentiment: LT Buy Disclosure: Held
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