"That would require a gain of 83% from here. We don't see any compelling reason for the stock to perform that well. And we think your investment money is better spent elsewhere. The market, after all, is at its lowest point since late 2006. There are more likely candidates out there than Murchison. If you own Murchison Metals shares, we recommend you sell them at market price."
Interesting they would say this just after the winning of port infrastructure which i would think makes the investment less risky and less complicated.
Thats the 3rd negative report i have seen since the infra win.
They cite other better investments out there,would be curious to see what companies they think they are.
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