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2.94% 3.3¢ morella corporation limited

I'm suspicious it won't budge a whole lot till it gets the final...

  1. jetjono
    1,883 Posts.
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    24/10/11
    17:15
    Post #: 9183172
    I'm suspicious it won't budge a whole lot till it gets the final forestry permit and its in concrete. The company is funded up, but there is still no income. Until it gets closer to the production stage i think it may only creep up a little. Early next year will see a nice jump with forestry permit done and production in coal very near. That's only 3-4 months. It's frustrating but it will be worth the wait.
    AJM Price at posting: 16.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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