MMI 0.00% 4.3¢ metro mining limited

The fate of the company is relying on the wet season (hello La...

  1. 510 Posts.
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    The fate of the company is relying on the wet season (hello La Nina!)
    A cap raise at current prices and with the risks involved would likely be unsuccessful or would have been needed at a massive discount, considering its only been 6 months since the last equity raise. Hopefully they avoid needing to draw down the loan, but they've been careful with the wording in the last few announcements ("subject to weather")
 
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