MMI 2.33% 4.2¢ metro mining limited

Ann: AGM Chair and Managing Director's Address, page-13

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  1. 2,818 Posts.
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    I hope it will be all good but this bridging finance is not for the 6mt expansion. It is to fix the possible mismatch of revenue and expenses. Otherwise, they would have been getting long term finance. The finance guy probably jumped off the ship after seeing the profit margin. Looking at the chart again, it seems like the bauxite price is around $46 now?
 
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