MMB magma metals limited
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  1. FiendishRedbeard
    9,111 Posts.
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    27/10/08
    03:35
    Post #: 4431745

    Peter

    26c is cheap MC less than 30m and especially considering placement price to Anglo of 60c however the current Pt/Pd/Cu/Ni prices do make MMB look a lot less attractive. Not sure where the bottom is for MMB but will be more linked with any recovery in the markets and Pt price then any exploration results atm.

    On recovery would prefer AQP or PLA for their production and oversold status. Will take a while imo for MMB to get back to above 60c mark.

    MMB Price at posting: 28.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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