Yes, agreed. Put another way, and I think this is fair, it's a risk that might take us back to price levels that would be consistent with the broker target of 14cps. At the moment pricing is better than that.
As soon as MMI demonstrates that it can meet the production levels and cost base that justifies that 14cps, so justifies derisking, off we go.
2024 Production Progress, page-456
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4.0¢ |
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Mkt cap ! $238.2M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.2¢ | 4.0¢ | $170.8K | 4.187M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 883205 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.2¢ | 1670033 | 2 |
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| MMI (ASX) Chart |