A lot of selling going on at present. Lots of investors taking a loss, so plenty of investors would agree with my point of view.
At worst, MMX will still get 1/2 of a deferred payment(even if it is much smaller than first thought) and the W.A government will have to pay IP to OP&R of around $80mill. I'm thinking there would have to be strong support at 50c level
I'm not excited about MMX anymore, sorry guys
MMX Price at posting:
71.0¢ Sentiment: Sell Disclosure: Not Held