MLM 6.25% 1.5¢ metallica minerals limited

Agree Johnny but it will take time to build after the shareprice...

  1. 207 Posts.
    lightbulb Created with Sketch. 60
    Agree Johnny but it will take time to build after the shareprice destruction of the previous incompetent management. Time is not conducive to growing the share price but I am confident we are now on the right track. It beggars belief that the previous Boards would lock the Company into an "solution" where there was no Contractual Agreement, the price for transhipping made the Project unviable, the required throughput via Hey Point could not be achieved and the original alternative Options were not explored ! We have lost 3 years and achieved nothing.

    And our near death experience with Melior takes a further turn with their latest Announcement
    http://www.meliorresources.com/wp-content/uploads/2019/08/MLR-announcement-Exec-Management-Changes-6-Aug-19-002.pdf
    - CEO resigns
    - Production about half of budget
    - "The Company is in active discussions with its senior lender regarding funding options" (Again!)

    Cheers - Surfydad

 
watchlist Created with Sketch. Add MLM (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
-0.001(6.25%)
Mkt cap ! $14.39M
Open High Low Value Volume
1.6¢ 1.6¢ 1.4¢ $44.84K 3.073M

Buyers (Bids)

No. Vol. Price($)
2 537272 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 87919 2
View Market Depth
Last trade - 14.54pm 21/06/2024 (20 minute delay) ?
MLM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.