MUN mundo minerals limited

It's easy to see the effect FP had on the share price back in...

  1. 355 Posts.
    It's easy to see the effect FP had on the share price back in Sep 07 when they called it a BUY, but for various reasons it didn't last long.

    No SELL call until now? 30c below their initial BUY call?

    MUN is a producer with some start up issues, sure they're not minor, but a death knock? I don't think so. My sell decision (in the absence of catastrophe) won't be made within the next 5 years. I expect the issues to be sorted, production and profits well up.

    I really think that folks that follow FP are going to be disappointed... again. At these prices MUN is a screaming BUY for mums n dads imo.

    Disclosure: Not a day trader. Not a sheep. Late for work :)

    Luck to all.
 
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