MMX 0.00% 4.7¢ murchison metals ltd

TenBagger,TLS has $15billion debt and the way competition is...

  1. 1,573 Posts.
    TenBagger,

    TLS has $15billion debt and the way competition is going their profits will be sinking year after year. I would not have my money with TLS just because it has current earnings of around $3billion+ and a market cap of $30billion

    MMX currently has a market cap of 1/2 a billion and my belief is that when the market is informed of the direction of OP&R and about approvals then this should go back to a $2billion company as it gets rerated and if all goes to plan much much higher as they approach the operation of OP&R in 2015.

    I still stick by my buys of BUY at 9c and NAV at 17c and should have bought MMR when I bought BUY but didn't use my brains like I should have.
 
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