They would have to have the worst rep for price expectations. Ususually totally over priced. Ask MMX & AGO just to start.
Now after the arse has falling out they down grade. what rubbish. No wonder they had to sell them selves before they to went under.
MMX will struggle for at least 9-12 months.
By say june next year we should have a feasability study CHM sorted & OPR should be headed in the right direction (possible rail on top of port as long as wa gov keeps his nose out of it). Also might have some info on Rocklea & who knows maybe even some more info on jack hills.
At these prices shorly even Sino would be thinking if we could pick up upto 20% under $2 would be a good investment.
Tough times ahead obviously but time to relax & enjoy summer then come back burnt as a lobster & see whats happening then.
MMX Price at posting:
$1.14 Sentiment: LT Buy Disclosure: Held
