MCR 0.00% $1.39 mincor resources nl

AF gets cheap shares at 139c while all the others here hold the...

  1. 9,743 Posts.
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    AF gets cheap shares at 139c while all the others here hold the crying baby from 260c.

    Did anyone tell AF that BHP controls 100% of offtake and revenue of MCR and it has NO MILL?!
    BHP is his nemesis and he had a bidding war over frozen black hole Noront with them.
    another bad move by AF imho.

    Another flip coming hoping BHP will bid for MCR imho
    just like he flipped his large 10%-20% stakes in AGO WSA POS for a pathetic 25% gain.

    Likely MCR will drop away faster toward 120c now due to this trading move unless BHP bids for MCR which I doubt as they are going in at OZL and burning $15B cash next 10 years with no mine or mill there at all imho.

    AFs holding 19.9% in AGO did NOT save that company at all despite them calling it a "strategic stake" which he then onsold for 25% to Gina & burning the 30,000 aussie battlers there cheap including me.

    AF aint no white knight.
 
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