MMX
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0.00% 4.7¢ murchison metals ltd

tough nut to crack, page-11

  1. cranswick
    5,116 Posts.
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    02/05/09
    16:55
    Post #: 5083177
    Half of W.A is made of iron ore its everywhere, having the infastructure to move it is more valuable, MMX has 165m cash it can takeover GBG or some other small iron ore company if it wants a bigger ot better resource or it can ecxpand and develop new resources on its own land like rocklea or weld ridge.
    MMX Price at posting: 98.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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