MMI 2.17% 4.7¢ metro mining limited

Ann: Quarterly Activities Report, page-27

  1. 191 Posts.
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    This is a good point, half of MMI bauxite is on favorable terms with Xinfa. I believe this is a solid deal, with Xinfa holding equity. Confidence for the other half this year may not be as high with the market disruptions. Ultimately it is likely short-term pain with the long-term outlook still very good. It's cash flow in steady state is going to be so highly valued.
 
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