MRP 0.00% 6.1¢ macphersons resources limited

Agree there are MRP holders that want to bail, but I also sense...

  1. 1,223 Posts.
    lightbulb Created with Sketch. 186
    Agree there are MRP holders that want to bail, but I also sense that the market is not impressed with these results. There is clearly a lack of buying momentum. I am not sure what the market is seeing that I am not, the results look good to me.

    I am pretty sure a significant revised MRE in Jan/Feb 2018 should give this stock an uplift.

    I am in it for the long haul.. from what I have read the owners of the Kalgoorlie super pit (Newmont and Barrick) are have indicated that they are searching for the elusive 'fat sister' to Mt Charolotte and I am sure they are closely watching MRP announcements, but there will be a tipping point when they have to pull the trigger and enter MRP share registry... then we should see the sp lift.
 
watchlist Created with Sketch. Add MRP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.