MMX 0.00% 4.7¢ murchison metals ltd

why mmx heading south, page-2

  1. 1,779 Posts.
    lightbulb Created with Sketch. 5
    No fr_c_ing idea

    As per my previous calculation, I now estimate the underlying MC share value has dropped to $750m (+$850m mitsub has and will pay). This means the MC for half the Jack Hills operation is less than the $850m mitsub is to pay. One would assume Mitsub think they are getting a bargain basement price. The current market is getting a further discount. This all points to a buying opportunity IMHO.

    Do your own research
 
watchlist Created with Sketch. Add MMX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.