How can you possibly say that MMR is value at a MCAP of 9m atm whilst in court for its only tangible project and when Ed Husic does as he has fore warned the market of, and that’s denial of Pep11 in 2025 !!!!
https://www.minister.industry.gov.au/ministers/husic/media-releases/statement-pep-11-0MMR won’t have a tangible project to trade under and will have to obtain same at a huge further Cap Raise to MMR and Further Dilution at a possible 0.002 SP for MMR, which would equate to around a MCAP of 3.5m for MMR which without a tangible project in Pep11 moving forward and a PDF attached, which also attaches to it the inability to claim a capital loss for shareholders!!!!!
0.002 will clearly be all MMR will be worth until it’s able to attract a tangible project in the future imo, and hopefully a project that the Federal Government clearly don’t have the intent to deny the only tangible project that MMR have, and thus my reason for actively selling down my position in MMR since re listing after the 5 year suspension of MMR in 2024.
(20min delay)