big boys playing games, page-26

That is not what I have said .

Obvioulsy MHM will increase revenue from the current 2.5m per annum levels and move in to profit over the next few years

What I dont believe is the valuation

At $100m they need at least 10 years of $8m per annum in profit to justify this valuation , I am just not convinced this will happen in the next few years with the information to market I have seen to date

If the sept quarterly shows signs of a dramatic shift i am happy to change my view, I just think Ill get them cheaper when some form of reality hits .

On CDU you may well be right . The market sentiment hates them , which is why they dropped from $5 to $2 , I probably like them up to $3

Their reported resource clearly shows their is a huge mine, they have been supported by Prudential as a major fundie in recent weeks , copper prices are flying , the 300m market cap seems light on to me .

Just my opinion