Jaycee honestly if you can’t see how much the playing field has changed for MMR since I made that post honestly you shouldn’t be investing in the Oily Pennies, since that post the license for Exploration has been denied by both the Federal and State NSW governments, and currently the world markets are in free fall, and in case you missed the memo today , the Hang Seng today fell 13% alone one of Australia’s biggest trading partners, this is yet to filter through to the ASX.
IMO currently if the world index’s were to halve atm it still wouldn’t be lower enough to cover the true value of the financial state the world is actually in currently imo, and thus my current 96% cash position on the ASX currently.
Be Very Very Very careful atm on the ASX imo, especially in the oily pennies most could possibly halve in 2025 imo, especially oily pennies with no revenue imo, like MMR, BPH !!!
MMR Price at posting:
0.4¢ Sentiment: Sell Disclosure: Held
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