MMI
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2.22% 4.6¢ metro mining limited

Ann: Update on Funding Secured to Strengthen Balance Sheet, page-14

  1. Coxos
    164 Posts.
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    21/02/24
    19:38
    Post #: 72521427
    Yes, the prospects are excellent.The new season starts in about 30 days.
    2000 tonnes per hour, 20 h per day.
    A ship with 186,000 t could leave every 5 (4.65) days.
    Just imaginethe margin is 10 - 15 AUD per t.6 million t this yearwith the aim of increasing production to 8 or even 9 million t in the following years.Then perhaps kaolin production as well.
    I would be happy with a share price of 10 cents and a dividend of 1 cent from 2025.
    Last edited by Coxos: 21/02/24
    MMI Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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