MMC 4.65% 90.0¢ mitre mining corporation limited

After holding for years and exit at 7c with lost. This power...

  1. 3,380 Posts.
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    After holding for years and exit at 7c with lost. This power supply problem will not be sort it out shortly.IMO. It is not only affecting MGO but also to every miners in PNG at this stage. Government is trying to solve this problem but we don't know how long gonna take to fix this. Anyhow, MGO is holding big assests and one of the very potential copper and mob mine in the world when they produce. Today, prices 2c is almost touching to the bottom now. It might go down under 2c. But, I believe MGO will find the way and be a producer or someone will take over it, May be Chinese. or Candian giants. I feel sorry for whoever bought in at peak prices with that DFS release broken promises. But today prices or may be a bit lesser than 2 c is really steal prices. It is worth to take the risk to hold until producion or taken over by someone. It will be worth 10 or 20 folds than today price. I will come back in soon for gamble on this game.
 
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Last
90.0¢
Change
0.040(4.65%)
Mkt cap ! $102.5M
Open High Low Value Volume
86.0¢ 91.5¢ 83.5¢ $1.415M 1.620M

Buyers (Bids)

No. Vol. Price($)
2 71781 90.0¢
 

Sellers (Offers)

Price($) Vol. No.
92.5¢ 1218 1
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
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