MNE 5.26% 3.6¢ metallum limited

mining group signs production agreement over p, page-27

  1. 1,472 Posts.
    Well this is a real dilemma. 2 weeks for results to surface and we have the placement holders banging out stock. Entertainment is watching them painfully looking for buyers when everyone knows their intentions. then you have the tosser who has a 1m to buy and a million to sell with a few pips spread.

    What else. 40% of copper like iron ore goes into china. Both should be proxies for the china economy. How come iron ore is heading north and copper unloved. Simple. With Iron ore BHP and RIO sells into the spot market and then buys a shit load back to manipulate the market. BHP recently bought 100,000 tonnes of IO they only just sold. the metal traders in China hate their guts.

    So what else as i kill time. Oh yeah. We got a potential problem. we all know this ground we have has pumped out 9% grades and better. 1 mill tonnes to be accurate. the expectations are so high what happens if we get a fabulous 3% copper assay and not a 6% or better.

    what i am looking for is the company to connect the dots. reconcile the 9% stuff with the lower grade stuff i keep seeing on their jpegs.

    Flux

 
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