MMI 2.08% 4.7¢ metro mining limited

Ann: 2022 Financial Statements, page-4

  1. 913 Posts.
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    they have accumulated losses of 2.7 billion. absolute money destruction to the shareholder value. i will not be surperised if it goes broke at some stage. I do not know how can they convince any lender for more debt or investors for capital raising. they were supposed to make profit of 8 million dollar this year and 34 million dollar next year based on their presenetations earlier and shaw and pratmer report when they set the SP Target at 7 cents. now they made 50 million of loss. what a disaster.
    Last edited by Mo1983: 28/02/23
 
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