MUI mui corporation limited

in with the new out with the old.

  1. 1 Posts.
    I've been watching the debate on this stock for a while. There seem to be some very set in stone perceptions. Mostly very emotional. A few egos who think that they are greater than Zeus will probably find that eating their words with silly comments will leave a very sour taste in their mouth.

    Firstly, any goose can see that there is a change occuring at board level. Hence, the caretakers who restructured the company (mind you issuing all those shares for restructure when there is no money is logical and necessary until the right partner/business is found)are obviously about to depart and leave the running of this bargain stock to people who know the mining game. Turbulence at board level must be evident and politics at hand if the stock gets hammered like that. Either that or one of the promoters decided to shaft everyone for not getting their own way. Brokers! Who can trust them. Shaft you at every step.

    Change is evident by new appointments. Hence, MUI are getting serious with a new team being put in place. The caretakers need to be commended for preparing the ground.

    Inner Mongolia deal. It does not take a brain surgeon to work out that the Chinese will have over a billion tonnes of JORC coal. They gain nothing from funding the drill and paying for everything if they didn't believe in the resource. The technical geologist team will most likely report over the next week or so. Could be this week by the volume jump today. Speculation on my behalf. But going on past announcements and my experience i think its very imminent. So a billion tonnes of coal times current price of coal equals to......need i say more.

    Bunnies who think that 1.5 billion is too many shares have no idea what they are talking about. Stock is not valued by the number of shares but by price. If MUI announces JORC standard. What price do you think this thing will be valued at? Look where AKM was before they changed name and announced Mongolian coal acquisition. Then road show and 12 months later JORC. MUI is way ahead of them in terms of their program and restructuring comparatively.

    Sometimes our ego and stupidity overcomes our sense to think logically. Screaming Buy!

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.