MNE 5.26% 3.6¢ metallum limited

1 chomp of 650,000 shares, page-16

  1. 7,918 Posts.
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    Yes I felt quite safe with an entry at 13c heads and 5.1c oppies.

    Nothing has changed though, the Tagpura North drill assays and remaining trenching results are still awaited.

    If RXL can be worth almost $40mn with no assays until end Jan I don't understand how the same market can value MNE at $12mn or $8.5mn EV minus cash if you want to be pedantic.

    Good results (which I expect) will turn it round in an instant.

    EB

 
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