MMB 0.00% 65.0¢ magma metals limited

I'll stand by my 15Mt @ 3g/t PGE estimate. Thats what I see...

  1. 4,446 Posts.
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    I'll stand by my 15Mt @ 3g/t PGE estimate. Thats what I see coming out of this announcement and the previous announcements.

    I still don't think this is on Xstratas radar yet. Once its near to producing, maybe. Xstrata's M.O. is to buy mines or near-term producers. It JV's with everyone else, and I'm not preaching to the choir when I say MMB doesn't need a big daddy to JV in and destroy their equity in this project.

    So, I just can't see this kidn of action happening before mid-2009 - which is a long way away in the platinum market.
 
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