Open yr eyes guys this is a NEW ballgame now. Buying is early institutional. Preso spelt out in no uncertain terms this is an infrastructure play for the chinese who will be all over this to secure alternative and uncongested export point. Brilliant vision and so big that it has to be funded by aliens ala GBG recent deal. In its present mood, all we need next is a U-result and it will quantum leap thru the L/T downtrendline it is toying with atm. Only needs to find PFS cash and that aint much for first 3 years new project increment. in 5th wave of FIRST PRIMARY all the way from 3.8 low u wld think, so after whatever a-b-c and it might be a rolling correction, driver for the ensuing "third" will be a cracker. SMSF class stock now in early evolutionary path. I would be very surprised if it doesnt take out its all time highs in mid term. IMBOOC
MFE Price at posting:
13.0¢ Sentiment: LT Buy Disclosure: Held