The brokers have highlighted low mining rates for production miss and cannot understand why the company has laid off 1000 contractors. If MML hits the production targets, the company's mkt cap will be several multiples of what is the currently trading at (even at low assumed gold price).
After having production missed targets so many times and consistently, I believe the management are bound to fail at some point (I.e. hit/exceed the production target). Just law of averages.
DYOR
- Forums
- ASX - By Stock
- dead cat bounce
The brokers have highlighted low mining rates for production...
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add X64 (ASX) to my watchlist
(20min delay)
|
|||||
Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $129.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
X64 (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online