MMX 0.00% 4.7¢ murchison metals ltd

All the nay sayers and doom and gloom merchants can spruik thier...

  1. 727 Posts.
    lightbulb Created with Sketch. 14
    All the nay sayers and doom and gloom merchants can spruik thier negative sentiments all they like....As for the old Chm holders let them have thier minor moment Cos that old flea bitten dog has been on life support at just over half a cent for a while and soon the plug will be pulled....and it will be lights out for chm....
    MMX is ridiculously cheap due to massive shorting and being pulled from pillar to post by day traders and who knows who else...
    However, the fundamentals remain the same...

    Massive Iron ore resource....High quality, low illumina
    High demand..
    JHEP flow programme signed off on by both Mitsubishi and MMX..
    OPR exclusivity guaranteed and extension granted..
    Even hauling by road and spending big on projects, company still making a profit..
    Mitsubishi 100% comitted to both projects...
    Enough money to see company through to years end when Projects will be signed off on and Mitsubishi stump up in region of $2.7 billion,
    Funding negotiations with banks (inc chineese banks) well under way..
    Infrastructure project wanted by all.
    May take another partner if deemed commercially worthwhile by MMX/Mits
    But MMX/mits calling all the shots, they own what others want.Logic...
    CB said best way to get Oakajee up and running is to grant the Extension and exclusivity to Murchison and Mitsubishi...Which he duly did....
    Turbulent times at the moment plenty of sp pain but when the turnaround comes..As it surely will...The rise will be quite rapid....
    Many positive triggers to come over the next few months....So go on..Spread all you doom, chmers have a little gloat if you like....But in the end MMX will fly...All who bailed will regret it big time and nay sayers will have massive ammounts of egg on their faces..
    But dont believe me!!!! DYOR..MMX for $400 mill!!! absolute bargain....
 
watchlist Created with Sketch. Add MMX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.