to mention on the charts, double bottom, W formation which is quite bullish. Looking good.
the end of the broadcast I understood Financing and mine developement in the forthcoming months, that is what will change this company, we know there is copper, alot of it, we know meeting and talks have been going on in February, we know big buys have been going through over the last few months, lets see that transfered into a much higher sp when we get the confirmation of finance through a J/V or other. I like the TA chart on this, if we can break through 2.1p with some force then up we go, rns anytime soon will be catalyst. DYOR GLA
Talks must be quite far along, been going for a while and a few parties by the sound of the RNS so competition. My guess is that the reason that it is taking time is the % split. 60:40 is very fair, 50:50 is okay/good. MNC has put a lot of work proving the resource, they want a good deal.
RE: Morning all
Morning Potluk, Last year when MNC went from 0.70p to over 4p it was a similar pattern, high volume days then a few flat one and then bang a 20% rise on the ASX overnight. Surely talks have progressed behind the scenes.
Down but only slightly on ASX. I think we are seeing a general trend upwards, albeit clumsy with the fact it is dual listed. The high volume/ large buying last week does make me think it was more than speculative though.
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