MMX 0.00% 4.7¢ murchison metals ltd

sour grapes !!! balonyOPR have to come up with $3.3 billion even...

  1. cpg
    3,625 Posts.
    sour grapes !!! balony

    OPR have to come up with $3.3 billion even after the govt handouts, that will certainly have conditions.

    $3.3 billion just chump change for OPR to get.

    Wonder if they will ask MMX holders to cough up in form of new OPR share offering. You may even get a discount.

    The global situation isnt getting better its getting worse. Record US Housing defaults just out. Record slump in US retail sales just out. I'm not making this up. These are reported facts. Wait till you see the revision of the Australian commercial property market valuations. OUCH. My developers cant get finance for projects.

    Australia record debt etc etc. Massive job losses. Have any of you noticed the for-lease signs in commercial blocks. These are small businesses that have gone to the wall. I'm waiting for a bottom that i can see it yet.

    China makes the occasional 'all is good ' or improving comment . They have deflation for petes sake. I wouldnt trust chinas comments for a second. Even there numbers are likely to be fudged. It's govt controlled.

    Time for a reality check people. Hows the job security !!



 
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