I agree.
I think the project's NPV could be substantially improved if they removed the gold plating and mined more DSO upfront.
Also, watching PK load up on MMX shares over the last 12 months as the SP went down has been interesting. He's the ultimate MMX insider and he's sitting on a paper loss right now.
I think he accumulated about 4% of MMX stock in the last 12 months, and he would be down at least 25% on those particular shares.
I'm no fan of PK but everybody's acting on their own self interest right? It's very telling IMHO.
- Forums
- ASX - By Stock
- valuation without the emotion
I agree.I think the project's NPV could be substantially...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)