The world will soon be awash with cheap high quality Guinea bauxite. (check out my google search below)
MMI are yet to release the information required to make a reasonable assessment to see the original BFS assumption from 2017 are valid? Why would you invest in a company before seeing all this released and make a reasonable assessment?
They have potential in a "thinking outside the box" operation that surely has even made the big boys sit up and pay attention. Maybe it needs scale to realise the $ but how do you tell? Instead we get an announcement about the buyer to tonnes already announced as sold? Err.. or planned to be produced in 2019 without a buyer until now?? Ore that is now further away from Port than in 2017? Who the F knows?
Paid - never enough
Like to be fully informed - yes
Disgruntled - no
Astute investor - yes
News flow, sentiment and credibility are the lifeblood of a small cap and MMI are failing the test...badly IMO!
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Last
4.9¢ |
Change
0.002(4.26%) |
Mkt cap ! $291.0M |
Open | High | Low | Value | Volume |
4.8¢ | 4.9¢ | 4.7¢ | $465.8K | 9.701M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 1334462 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.048 |
2 | 1105500 | 0.047 |
3 | 563478 | 0.046 |
4 | 423522 | 0.045 |
6 | 1859408 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 834462 | 4 |
0.050 | 334980 | 4 |
0.051 | 727658 | 4 |
0.052 | 974780 | 4 |
0.053 | 1640811 | 4 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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