Not only are the wind up cost high so to is the ongoing cost that they have estimated.
Notwithstanding, the key is to set a target and then overdeliver!
The buying is still strong at $0.039 to $0.04 which suggest that the smart money is piling in. Why would you pile into this stock if the potential is to only get $0.035?
While on the other hand they have not made mention of the tennaments or the cashmere investment.
My belief is that the wind up costs will be less, they will earn some interest on the cash they have and they will get some cash for the tennamnets and Cashmere (somebody will be interested in it)
My target is a low of $0.04 and a high of $0.05. I know its a wide margin but I dont have the details.
MMX Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held