MMX will raise equity or debt to build a significant project. That is expected for any mining company even BHP or RIO. However, MMX will not do it until SP reach to $2.50 and debt market conditions.
Debt will have tax benefit and equity is not diluted. However, MMX will face a hugh risk if it cannot serve large amount of debt.
Equity will dilute current shareholders. However, the value of current shareholders will not be change if that equity is used to build a significant project in order to return hugh benefit to shareholder.
Ratio between E/D or D/E will be worked out by the Board, Big Shareholders and Financiers.
Raising fund is a nature of mining business. Why should we worry? Have nice weekend.
MMX will raise equity or debt to build a significant project....
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Last
$22.43 |
Change
0.170(0.76%) |
Mkt cap ! $9.838B | |||
| Open | High | Low | Value | Volume |
| $22.47 | $22.64 | $22.18 | $66.53M | 2.955M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9599 | $22.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.44 | 30000 | 10 |
View Market Depth
| Last trade - 16.11pm 19/09/2025 (20 minute delay) ? |
| BSL (ASX) Chart |