MMX 0.00% 4.7¢ murchison metals ltd

Thats why I believe this is an interesting play.Options are;1....

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  1. 1,053 Posts.
    Thats why I believe this is an interesting play.

    Options are;

    1. Sir Ron buys Cashmere from MMX for cash & winds up MMX sending funds back to shareholders at +$0.05/share
    2. MMX is wound up and a distribution of cash (+$0.04/share) and Cashmere shares are issued. (Messy not attractive)
    3. Sir Ron gets Cashmere to backdoor list into MMX shell. (really interesting Play)
    4. Cash is returned and MMX (+$0.04/share) stay listed until Cashmere IPO (Once again not attractive as IPO market all over the place so timing will be an issue)
    5. Sir Ron makes a takeover for MMX at say +$0.048/share

    The only thing I can see is that at $0.041 there is still value in MMX.

    Also worth noting MVT is not interested in the long slogg, they want to turn a profit and return cash quickly to move onto the next opportunity.
 
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