cash vs sp

We can all be ''happy'' that the cash in bank is nearly 1:1 with SP.

What is the hedge book position !!! Did MMX do a MGX !!

.88 cents hedge. That could be a company breaker.

What are Mgmt doing about their SP.

They need to shelve Pillbara. Reduce staff.
Drill Weld Range asap.

MOST importantly they need to dump OPR asap.

Now is not the time for massive private infrastructure spending especially when the juniors in this area are about to fold or be put on hold..

GOVTs will do that within a few years to boost employment.
Geraldton Port will be a good start.

Will these guys just suck the kitty dry. Why not spend 20 million on a strategic share buy back.

Must we just wait for our total demise.

MAKE THE HARD CALLS BOYS. Show us why you are payed the big bucks.