Ann: Proposed issue of securities - MMI, page-18

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Detector07

392 Posts.

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08/09/21

10:28

Post #: 55913564
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Originally posted by al1: ↑

Since the coup in Guinea the price of Bauxite has risen

China developed the Bauxite mine in Guinea

China imports 50% of its Bauxite from Guinea

Political instability will continue FOR some to come and the African Union will not tolerate the overthrow of the government...no matter how corrupt it may have been......it sets a precident for the similiar coups in their own countries.

and with the brutal ISIS terrorists gaining strenght in the region this only gives ISIS anothe country in which to recruit more fighters....

Disrupting the flow of Bauxite to port from the western part of the country will be very easy for any groups that wish to starve the junta of money. The army cannot spread itself out to protect every mile of the transport line for the bauxite or its iron ore deposits...its a long way to the port

As for the past ..the old management are gone.....experienced Rio management staff are now running the company...so that issue is RESOLVED

SO STOP LIVING IN THE PAST..

TtHE COMPANY NOW HAS SUFFICENT CASH TO WEATHER ANY OBSTACLES....MMI HAS THE CONFIDENCE AND BACKING OF THEIR FINANCIERS....who have extended out to future dates OF all financing.....so all the negative arguments ...don't stand up to scrutiny.
NOT to often you hear a holder of a stock ...posting NEGATIVE posts ...so one has to question their motives......DO THEY REALLY HOLD ANY STOCK....
LETS SIT BACK AND LET THE MONEY MEN MOP UP THE STOCK.. SO THERE IS LESS STOCK FREELY TRADING IN THE MARKET

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"Disrupting the flow of Bauxite to port from the western part of the country will be very easy for any groups that wish to starve the junta of money. The army cannot spread itself out to protect every mile of the transport line for the bauxite or its iron ore deposits...its a long way to the port"

Lol, like they wouldn't protect exports of their number 1 commodity, drivel.

MMI Price at posting: 1.9¢ Sentiment: Sell Disclosure: Held
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