MHM in my view is not safe from a market downturn.
However it has a lot of insurance from it , because it has a unique service offering.
Landfill is very likely to be continually scrutinized so the solution MHM offers the worlds aluminium industry is the insurance .
The challenge as I mentioned yesterday is to pay the insurance premiun by locking in a 10 year contact term on guaranteed margins , and then do the same in the US
Whilst this is not locked in the insurance MHM could have has against the market is currently non insured .
Will be a cruel market Monday but if you are a believer in the MHM story Monday is not the day to start selling in my view.
MHM Price at posting:
80.0¢ Sentiment: LT Buy Disclosure: Not Held
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