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Has anyone compared MMX vs FMG in terms of Fe ore tonnage...

  1. drsaboune
    313 Posts.
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    06/07/07
    17:52
    Post #: 2599758
    Has anyone compared MMX vs FMG in terms of Fe ore tonnage production.? This is purely a hypotehtical and i wish for opinions on it. If the SP of FMG is anything to go by and I think it is then MMX should be a quarter of FMG . FMG will produce 100MT Fe ore when in full swing . MMX will produce 25 MT Fe ore per annum once in full gear. Should it not stand to reason then the SP should be
    FMG $37.50 /4 = MMX $ 9.375 as of today
    comments please .
    MMX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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