I expected short term volatility with MMX. I sold @1.67 but will be back in very soon.
The CHM case has little to do with this short term volatility. The payout will be less less than .14% of the market cap or .22c, probably closer to .11c and to be clear its not up to 22c but up ot 0.22c!!
The market wants to see the requirements met to see the funding come through from the government. The market wants to see all boxes ticked for the project and then the feasability results.
That is the only reason that MMX is trading so low at the moment, there will be no issues with funding if the feasability results are positive, with which there is no reason why not.
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