10 reasons for mmx huge rises:
1. At $4.50 undervalued - still see ML report - $7.50-$13.20
2. Resource upgrade due any time now should be huge
3. Ore grades v high 60%+
4. Imminent announcement of about 75% incr in ore prices
5. MMX already getting new higher prices on spot market
6. MMX cash rich with about 100 mill in bank
7. WA Govt infrastucture decision due in June-July - mmx/mitsu tender will probably win. Fully funded and probably float with preference to mmx s/holders
8. Institutions hold huge % of mmx and are still buying
9. Top class management
10. In expansion mode looking for t/o targets
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