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70.0¢ mallee resources limited

Sorry, my wrong. Yes analysts can be wrong

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city1866

1,853 Posts.

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16/01/20

23:52

Post #: 42424772
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Originally posted by cherryburn: ↑

City....with respect I was pointing out how hopeless some broker analysts are. Imagine selling to a fund or private investprs on the basis of analyst's valuation at 50p or 60p to see a 5.5p offer 18 months later. Capex is very important and the Bawdwin project cost will be nearing $ 300 million possibly on expansion plans but will await DFS numbers.

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Sorry, my wrong. Yes analysts can be wrong

MYL Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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