MFE 0.00% 1.0¢ magnetite mines limited

worth reading presentation, page-17

  1. 6,675 Posts.
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    I am surprised everyone ignores the Uranium. Might surpise anytime with the work going on. I also expect to see U-spin-off for max effect.

    Meanwhile proforma F/D market cap is well under cash + sino cash commitment ...... fair value by my reckoning on this alone is about 25 cps

    Current discount to effective CASH BACKING PLUS end of wonderful arbitrage opportunity between ROR and ROYR coming up tomorrow .... or was today the last day ? ..... should soon remove the DOWNPRESSURE to sp.

    Couldnt believe I could arbitrage ROY old to ROY new at SQUARE today and end up with the oppie FREE !!! Sensational stuff and instant bounus in the pocket.

    Lets see what comes thru the settling of the issue dust.

    Keep in mind adjusted all time high is now 35.

    Great pivotal trader so far. Looks set to soon reverse at least in a "b" of broader consolidation "a-b-c" before next primary wave rerate later.

    IMBOOC
 
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