MMX 0.00% 4.7¢ murchison metals ltd

poor performance

  1. 394 Posts.
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    A pathetic performance on an otherwise upbeat day on the markets from MMX! Personally i dont believe its in response to what boils down to be a positive resource upgrade. From what I've read over the last 12 months the quality and grade of the iron ore exceeds that of Fortesque and they are in production even if in a very likited capasity. You cant tell me Mitsubishi thinks the shares are good buying at $5.60 and we put a value on MMX at the low $4 mark!! Any thoughts?
 
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Currently unlisted public company.

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