No doubt MMR is complicated but certainly juicy! There are reasons to be cynical, however I have been accumulating more in past two weeks on the basis of:
1) Inherent attractions of PEP11 2) Strength of the board 3) PDF tax advantges 4) State government and CSIRO support 5) Likely hi media attention when more announcements are made
Their last couple of announcements could have been better however I'm banking the next couple will hit the high notes being approval for site survey, Advent IPO details and drill rig outfit.
Fortunately I'm now free carried so can afford to be a little more forgiving and optimistic. Am hopeful that we'll see at least one positive announcement next week now that the SSPP price determination period has finally finished.
MMR Price at posting:
40.1¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)