IMHO one magnetite play in the portfolio is enough, there are several budding DSO operations out there right now extremely well positioned, very cheap based on any valuation and there is no doubt DSO is still the preferred investment option due to lower capex & opex for a production hopeful.
I've stayed out of MMX for that reason, they are looking very cheap though & when the massive cost blowouts are finally announced they will drop further IMHO.
IMHO one magnetite play in the portfolio is enough, there are...
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Last
27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $194.5M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.8¢ | 26.0¢ | $479.6K | 1.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 124500 | 2 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| FEX (ASX) Chart |