MMR 0.00% 0.4¢ mec resources limited

cheap mmr, page-12

  1. 12,644 Posts.
    lightbulb Created with Sketch. 527
    Are you having a go at me johnno for saying that GBA and MMR could be a 10 bagger in the next few months to one year? If that's the case, do your own research and understand how much 13 TCF is worth if proven in the next year...

    The share price of all PEP11 companies will shoot the moon if gas in the 13TCF range is proven in the field...

    I know we aren't going for 13TCF right now but if the first drill comes up the goods, there will be alot of more speculative money coming in for the rest of the drilling campaign...

    To say people like me haven't got a clue what we are on about, have a look at what KAR did on the poseiden gas discovery..Poseiden isn't proven as yet to contain around the same amount as PEP11 does, but the marketcap of Karoon has gone up to over 1 billion, mostly to do with the poseiden discovery... I know karoon owns 40% or so of poseiden, and karoon has other projects on the go, but to say that GBA ($20m marketcap) cannot be a 10 bagger on a proven discovery, then that is just foolish IMO
 
watchlist Created with Sketch. Add MMR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.