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MAGNETITE MINES LIMITED (ASX:MFE) - royals future, 15761195, page-10 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
MFE
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0.00% 1.0¢ magnetite mines limited

A couple of magnetite explorers have nailed their colours to the...

  1. Mongrel
    2,000 Posts.
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    06/08/15
    11:56
    Post #: 15761195
    A couple of magnetite explorers have nailed their colours to the IO mast (IRD, CAP, etc) with no backup plan. ROY had started to get an alternative exploration portfolio together to weather the IO drought; what has happened to that? Opportunities abound in this time of depressed commodity prices. Sticking to IO might focus the company, but where does it get it?

    It seems that changing horses midstream to dot com or a medical research is the clichéd way to go, but ROY had an excellent geological team, they should capitalise on that.
    MFE Price at posting: 1.1¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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