Thanks for the reply. I assume the Crane purchased and delivered last year and the New crane on order are owned by MMI? Is all the land based machinery MMI owned or contracted? I purchased my shares after Simon came on board and I doubled my holding when MMI indicated increased bauxite prices for 2023. Just weeks later last years massive looses surfaced it became evident that prices need to increase by probably 40% for the operation to become cash flow positive, how long can these losses go on for before collapse? How does this massive loss become internally absorbed without dilution. I do want to buy back in at some time in the future to show support our first nation people who are employed at the mine.
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Thanks for the reply. I assume the Crane purchased and delivered...
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4.2¢ |
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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6 | 1662770 | 0.040 |
4 | 94031 | 0.039 |
7 | 2368485 | 0.038 |
7 | 951310 | 0.037 |
Price($) | Vol. | No. |
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0.043 | 580500 | 3 |
0.044 | 1150544 | 6 |
0.045 | 2014409 | 8 |
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