MMI
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4.76% 4.4¢ metro mining limited

Ann: Investor Presentation, page-3

  1. DaisyA
    1,344 Posts.
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    29/01/19
    11:49
    Post #: 37249425
    From the Investor Presentation:

    ◼ Solid ramp-up margins, despite weather disruptions and lower AUD/higher bunker fuel prices that increased freight costs
    ◼ Site operating costs and realised prices compare favourably to BFS completed in March 2017 for same ramp-up period
    ◼ Significant cost reductions identified and expected to be realised going forward (Average LOM BFS opex of ~A$35/WMT)

    A hold for me.
    MMI Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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