MNE 5.26% 3.6¢ metallum limited

KK, agree with all of it bar one thing - copper prices are not...

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    KK, agree with all of it bar one thing - copper prices are not keeping a lid on this, the shares issued at 0.9c are keeping a lid on it.

    there are still 20m shares to get through (more if the newest convertible note is converted), it will have to be a very good story to push the price up... hopefully now the dilution is over though, if they can be cashflow positive then sub-500m shares on issue is a manageable amount (albeit up from about 100m in around 3 years).

    lets see what the report brings!
 
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