MMX murchison metals ltd
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Ann: Murchison Shareholder Update , page-9

  1. bottomfeeder1
    1,621 Posts.
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    12/12/12
    11:25
    Post #: 11178095
    If you look at the Cashmere accounts, shares have traded at $0.70/share. so I would use that as the fair price!

    That would then value MMX's Cashmeer holding at $7m rather than the $2m book value!

    Hence why I see the upside in MMX! (Either through selling the cashmere stake or participating in an IPO of Cashmere)
    MMX Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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