MMI 1.09% 4.7¢ metro mining limited

2023 Production Progress, page-242

  1. 571 Posts.
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    don’t forget there are over one billion shares that were issued / converted at two cents in August / September last year so I guess there will be a proportion of those who will be sick of waiting or who are prepared to accept 0.01 cent profit so lots more 10 million parcels to come unfortunately
    the company is not out of the woods yet we have heaps of loans outstanding and this time around we might not find it so easy to access capital if needed ( even though we are paying high interest rate )
    I might be wrong but I don’t think we have ever repaid a substantial loan it has always been a refinance or conversion to shares ( I might be wrong please correct me if so )
    if everything goes as planned we will survive and eventually prosper if not well……….
    Last edited by Windypt: 24/11/23
 
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