XAO all ordinaries
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Short Term Trading Week Starting: 23 Apr, page-80

  1. ArielStarr89
    1,107 Posts.
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    24/04/18
    11:03
    Post #: 32651002
    MRR 5.3m market cap and 70m shares on issue Cobalt announcement out today - (High-grade cobalt-scandium areas key focus at NSW tenement) they also own 100% of a TIN asset in Tasmania and with TIN price uptrending

    MRR have $2m in cash for this qtr so leaving the stock with an EV of 3.3m seems cheap and could be at the bottom can never be too sure however due to its market cap and fundamentals seems good for a swing trade in the coming weeks

    MRRD.png


    MRR TIN.png
    Last edited by ArielStarr89: 24/04/18
    XAO Value at posting: 5,980.8
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    lightbulb Created with Sketch.  Great analysis
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