article in mining monthly, page-7

hoohoogrub,

"mmx have a diversifyed buisness mining port and rail unique in its self in australia.."

Unique? *cough* Hamersley Iron?

As far as my opinion on MMX, well, I don't think we'll see $5.65 a share anytime soon because the earnings just won't be there, and everyone does forget that Crosslands is separate from MMX (hence why MMX is drilling Rocklea in its own right), and everyone seems to forget that Rocklea got 100Mt from 8,000m of drilling - not a bad use of funds one might say - and everyone also forgets that MMX (by which I mean Crosslands) is making absolutely no profit from their Stage 1 at the moment.

But hey, as hoohoogrub pointed out, they'll own oakajee, ad when you own a port, you can charge all the others for it. Midwest, Mt Gibson, dare I even suggest Golden West? Its not a bad position to be in.