Metro Bauxite and the management team going fabulous much below 26 cents and someone with a few bob will come in and say thank you very much and grab maybe the last chance to get in cheap
MMI need to secure some good will contracts and markets in 2018 as a matter of importance.
2018 will be a great year for Metro with increased competition in Weipa in 2019 from Rio Tinto and maybe smaller players after that.
Coal is the one that interest me a bit - the Left Green media would have us believe Coal is finished.
Trump would say fake news. The reality is there are 1600 new efficient coal fired power power stations
on the drawing board globally , China and India need lots of Coal - billions of tonnes over the next 30 years or more regardless of Australia's antipathy towards this cheap energy source. Coal may be finished in Australia thanks to State govt and Greens policy but big ships can take it straight to the markets overseas for the 30 years or more.China and India will secure there energy needs even if Australia won't. Look what happened with gas - the market will find a way around bad policy and hopeless Government.
PS - the electric car market apart from Lithium will increasingly need lighter cars so Aluminium is well positioned to benefit although with rising energy costs (we voted for it ) our own Al industry sadly and criminally may be doomed to closure.
PPS Anyone heard about a rare element that can be added to Aluminium smelting to make it as strong as Titanium.. Not sure of any details may be just talk or experimental but interesting if true.
- Forums
- ASX - By Stock
- Ann: December Quarter 2017 Quarterly Activities & Cashflow Report
Metro Bauxite and the management team going fabulous much below...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MMI (ASX) to my watchlist
|
|||||
Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $231.6M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.9¢ | $334.5K | 8.522M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 193982 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 26575 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 193982 | 0.039 |
9 | 2970400 | 0.038 |
11 | 3224760 | 0.037 |
5 | 258725 | 0.036 |
9 | 3792253 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 685000 | 2 |
0.040 | 284810 | 4 |
0.041 | 80000 | 1 |
0.042 | 1714741 | 5 |
0.043 | 2650000 | 3 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
MMI (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online