I was a little bit wrong in my previous message ....Trucks are moving ore to Geraldton 60000 ton to top up a ship in the port from stockpile at Cue .... This will be completed Mon/Tue then the stockpile at Cue will have been deplenished .....Trucks will be out of action for up to 4 weeks before ore is carted again from Jack Hill (due to further rain /flooding-and damaged roads to Cue/stockpile ) Surely this will have a negative impact to MMX cost blow outs repairs and if they are to miss shipments ... Company will have to do a share placement before long(dilution ) or sell more of a stake to the Koreans /Chinese/Japanese to fund their stake if the deep water Port is to be built ... I would of thought MMX would under continueous disclosure rules would have informed the stock mkt of further delays/issues with Jack Hills ...
MMX Price at posting:
$1.39 Sentiment: ST Sell Disclosure: Not Held