MMB 0.00% 65.0¢ magma metals limited

Comparing the Pt and Pd values with that of the Siberian mine...

  1. 4,234 Posts.
    Comparing the Pt and Pd values with that of the Siberian mine and others around the world, looks like MMB is on a good thing. Really tightly held stock so on news in Q3 for reserves it looks like it could really press quite high. I noticed none of the broker reports had any details of expected market cap or share price targets? Anyone got any predictions based on any sort of 'evidence'. I think they were looking for 800koz of Pt/Pd for initial reserves, but at $300USD/oz = $240mUSD or around $300mAUD that is hardly significant revenue for a company with a MC of $74m considering we are actually after earnings, so me thinks my a$$ plucks are grossly inaccurate. Any takers?

    SF
 
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