4.85 Billion shares on issue. Market Value $78.57Million. Debt about $80 Million.
5 MT @ $10 a Tonne = $50 Million
5 MT @ $15 a Tonne = $75 Million
6 MT @ $10 a Tonne = $50 Million
6MT @ $15 a Tonne = $90 Million
7MT @ $10 a Tonne = $70 Million
7MT @ $15 a Tonne = $105 Million.
$80 Million hedged at around .68 cents
?? Obviously a consolidation is on the cards, Probably 10 for one.
What am I missing with a share price of 1.8 cents ??
In a year could be debt free and earning 1.5 to 2.0 cents per share.
2023 Production Progress, page-202
-
- There are more pages in this discussion • 93 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MMI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.8¢ |
Change
0.001(2.13%) |
Mkt cap ! $285.8M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.9¢ | 4.7¢ | $158.3K | 3.300M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 674083 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.9¢ | 2707367 | 13 |
View Market Depth
| Last trade - 11.22am 15/10/2024 (20 minute delay) ? |
| MMI (ASX) Chart |