MMI 9.76% 3.7¢ metro mining limited

Ann: Metro successfully completes Entitlement Offer raising $36m, page-31

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    Wondering the basis of preparation for these? I would assume $0.44c is a short term/mid term target and that longer term over the life of the mine it would exceed this.

    Just trying to get a base of which to review this analysis against my own expectations, because long term, $0.44c seems on the lower side.
 
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