You may be right about Posco but you never know. They might realise that at these prices it too good to resist. After all they must know that SINO will make a play at MMX sometime.
That sometime being when these two issues are resolved.
A.CHM sorted B.Good Resource upgrade. Ie more than MIS.
You will notice I have never deviated from this outlook.
Im totally convinced MIS need MMX and vis versa.
Im surprised there havent been mergers/link ups in the IO juniors yet.
They must be arrogant enough to think they can go it alone. Idiots. They will still get the bucks while we lose.
MMX Price at posting:
68.0¢ Sentiment: Hold Disclosure: Held