MMI 2.13% 4.6¢ metro mining limited

mate, a lot of shares have changed hands, but think you'll find...

  1. 3,013 Posts.
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    mate, a lot of shares have changed hands, but think you'll find not actually that much of the register... 5 or 10% I think I calculated very roughly the other day.

    I make no assumptions about management as I don't really know anything if them, but love the project. I held mmi previously from low teens to high 20s from memory but haven't followed it since.

    The late start in April was do to cyclone Trevor. It's in the Ann's. Also there is fat (contingency) in the forecasted production figures for unanticipated weather interruptions.

    New director seems to have some experience behind her and my interpretation was that she's here to iron sh1t out with processes etc. She was here for 2 months before putting $20k into it at 13.5.

    If you earned say 250k salary (nfi what she earns), would you put 20k into a stock if you didn't believe it was at least good value?

    Last edited by journeyman: 05/07/19
 
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