MMX murchison metals ltd

Bought this one recently because of the 3 billion tonne resource...

  1. 1,746 Posts.
    lightbulb Created with Sketch. 42
    Bought this one recently because of the 3 billion tonne resource and heavily oversold IMO. I figure with IO prices at $100 tonne then future sales would generate $300 billion. If cash costs were $50 tonne then future profit would be $150 billion. Current MC is only $120 million. MMX is high risk but if OPR gets sorted out this is easily a 10 bagger or more from current SP 27 cents. Happy to hold for now and trying to stay positive against so much negativity on this thread.
 
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.