re: Ann: Quarterly Activities and Cashflow St...
what a pathetic bunch. if they can't invest $325 million in new resources projects they should all retire because they shouldn't be working in the resources industry. there are so many projects globally that there must be ONE which meets Murchisons exacting standards, surely ONE is better than that total dog Jack Hills that bankrupted them. what they mean is the major shareholders have told them they want out and they have no choice than to wind the company up.
rocklea will fetch next to nothing in this economic climate, maybe Dragon Energy (DLE) will throw them $5 million, not much more. its low grade rubbish and has very little chance of being developed.
MMX Price at posting:
46.5¢ Sentiment: None Disclosure: Not Held