We should see the sp closer to $1.00 within the next 3 weeks when we get to see how many targets the aeromagnetic survey now underway reveals. This area is shaping up as another mini Pilbara of West Australia in west Africa IMO and we all know how many viable iron ore mines operate very profitably there in Western Australia. One follow up economic ore grade drill intersection will see the sp way above $1.00 IMO. Just look at the other Australian companies operating in this same area.
MBM Price at posting:
20.5¢ Sentiment: LT Buy Disclosure: Held