Why dont we just let the market do the talking re IO stocks and other junior miners.
If i thought MMX was going bust I would of sold at 50 cents. Its all percentages now. They are more likely than not to go bust if they burn through all that cash and dont have new plans to operate in this CHANGED environment.
IE Give up on Pillbara. Start on Weld range etc
Buy a depressed asset. OZl is going cheap. Diversify etc
