As expected I dont believe in jevis. I also dont beleive in MMX....

As expected I dont believe in jevis. I also dont beleive in MMX. Woof.

At near year lows and nothing happening except a five million dollar expediture in a few weeks. From 160 m to 155.

Now looking at expanding Pillbara.!! OMG. They just go along there merry way.

As i've said all along they need to be doing no more than producing out of jack hills (if they can make money out of it) and shoring up resource in Weld range to get Sino interested.

It is plain to see that MMX mgmt think they can go it alone. I just hope Mitsubisihi ditch there holdings to Sino.

That would be MMX holders best outcome. The Japanese are stuffed big time.

Notice how many times i've said things are getting worse not better then they get worse.

I would love for something proactive to happen like serious cost cutting program or a cheap distressed tuna farm purchase.

But no they just keep spending, blissfully hoping all will be ok soon.

I have no time for MMX unless I see them doing something they werent doing 6 months ago.