MMX murchison metals ltd

right mulgabill...was bailed out yesterday...i bought lcy which...

  1. pp
    2,443 Posts.
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    right mulgabill...was bailed out yesterday...i bought lcy which is similar to mmx...but it has port and rail facility...1 project haw has 1.2b ton hematite resource...
    40% of690m already explored and its in progress...
    other 5 project has lot of potential and two of them are gold projects...it has stable long term indian state owned holder...so no issues of funding and capex is less because they have infrasturcture ready to use...they can get loan easily but they are cashing out by selling 50% to nmdc...announcement will be out in days time and you get offer on week starting at 22 aug... there is no sign of offer in mmx and its heading 40cents now...
 
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Currently unlisted public company.

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