MMI 1.09% 4.7¢ metro mining limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5

  1. 49 Posts.
    lightbulb Created with Sketch. 9
    $10 margin should be conservative also, as you get the economies of scale benefits. The aim is to get towards a $15 margin.

    I think we are looking at ~$7-$8 million of capex in the December quarter and then ~$3-4 million between March/June quarters. So we're looking at a 3-6 month period before we start seeing big free cash flow numbers IMO.

    You can see the re-rate potential in this one. All about execution now.
 
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