MMX
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0.00% 4.7¢ murchison metals ltd

t-minus 11 trading days and counting

  1. coldhelium
    1,071 Posts.
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    15/06/11
    08:41
    Post #: 8538745
    Until BFS is due

    Sentiment: Buy
    Position: 100K (from 140K)
    Market Cap: $380M
    Price: 82c
    Current rumor: MMX will sell 25% stake in OPR
    BFS cost rumors: $7-$8 Billion
    Share Price Trend: Down
    Whats effecting the price: Uncertainty, beginning of the end?, project too big for MMX, project starting to collapse, cost blowouts, negative press coverage, company not providing any certainty to market - only more uncertainty etc.
    MMX Price at posting: 82.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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