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I am a shareholder of MMR. I would be willing to tip more money...

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Soulcollector

24 Posts.

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22/02/23

17:22

Post #: 66402090
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Originally posted by Navigator00: ↑

I think, when MMR gets re-listed, it would be a mistake to sell on day 1.

If you use Bounty as look through value for what the project is worth, and subsequently what MMR is worth, you will see there is huge value upon our re-listing. BUY is valued at about $13 million mkt cap. MMR has basically double the project exposure at 32%. So its not too long of a bow to say that if we were trading then we should be worth circa $26 million, and we are currently in suspension at just over $3 million.

Add onto that the possibility of getting the PDF status back AND the potential to convert $3.6 million worth of loans at 80% of Advents value one month prior to drilling and there is a lot of upside on the table for long suffering MMR shareholders.

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I am a shareholder of MMR. I would be willing to tip more money in IF Pep 11 is a goer. Without Pep 11 MMR is dead in the water PDF or no PDF.

MMR Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
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