MBM 3.33% 3.1¢ mobecom limited

I have been looking at African Iron (AKI) for comparative...

  1. 796 Posts.
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    I have been looking at African Iron (AKI) for comparative purposes before that company disappears from view.
    Exxaro takeover is now almost completed with a great result for those of us who were holders.

    Initially I purchased WGO as it is also located in Congo and have been prepared to wait and see.

    The main differences between the 2 companies are:
    1. Rail distance from port
    2. Terrain
    3. Accessibity to site for personnel and equipment
    4. Apparently the ore at WGO is at greater depth

    I am left wondering and am at present tossing a coin to decide wether I should look to Buy on a fall back or Sell on a run up.

    Apparently some posters think there may be a SPP for existing shareholders. Is there any substance for making that assumption.

    As always interested in holders points of view.
 
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Currently unlisted public company.

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