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4.44% 4.3¢ mindax limited

andrews letter, page-5

  1. asdfghjkl32
    127 Posts.
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    20/04/12
    21:56
    Post #: 10014477
    Sino's iron project is completing their development and soon will be in production this year. Processing Mindax's magnetite is less complicated than Sino's ore. I don't see why the company can value that to zero. While investors are willing to pump in USD$7.1b to produce something more complicated, I don't see why the Chinese wont be interested in Mindax.
    MDX Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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