MMX 0.00% 4.7¢ murchison metals ltd

unprofitable question, page-3

  1. 1,978 Posts.
    re: unprofitable question-maybe not The resource is quite big enough -as big as Portmans reserve category and it was taken over for about $600million - the freight rates should be about $30 tonne - not as quoted - Portman operate on about 5.5c one way -don't double the figure. Was the haulage cost set out in the prospectus -too busy to look ? And depends on the roads !!

    And Telstra took up the placement and wanted more stock -and apparently are a shareholder !!

    Maybe think again my friend.
 
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