"do you really expect that all mines are opened by wealthy billionaires and are paid for upfront with cash. Welcome to the real world. With known operating costs and income this is like paying rent for a office."
Also with such low interest rates, its better to use someone elses money. Businesses can use debt as a tax shield also.
Bauxite customer mmi, page-35
Add MMI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $303.7M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.2¢ | 4.9¢ | $868.6K | 17.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1563632 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 839015 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MMI (ASX) Chart |