you were warned, page-7

at 33 cents MMX has a P:E of 82. this is way too high, even 20 cents would be too high.

unless the $5000 a day MD can sort something out this share will be trading at 10 to 15 cents, with no chance of raising additional capital; a DSO pit with no ore left in it and no cash for a cut-back; a joint venture partner who wants out; and a feasibility study that clearly demonstrates that neither proposed port or magnetite mine makes money after blowing the best part of $500 million to prove it. forget selling rocklea to raise capital - it wouldn't pay these guys bonus payments and lunch money.

there's folk on this forum who are taking dillusion to a higher plane. mmx is in the toilet bowl, just waiting for someone to pull the chain.