Agreed! The market cap may even needed to be divided by 8 rather than 4 now that MMX only owns half the resources. Cpg is correct in suggesting that you guys should really differentiate between haematitie and magnetitie iron. Not directly comparable. After saying that there appears, as usual, to be illogical instos activties in MMX and where the SP goes is anyone's guess. Amerigo, Forrest is the most watched CEO as far as ASX and ASIC is concerned, you really think that FMG would release something which would give them even a whiff......? Give us a break and leave any innuendo alone!
MMX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held