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M4M

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6.45%

2.9¢ macro metals limited

Which projects to do you see all those tonnes in Bit?

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Tigerthecat

205 Posts.

184

13/05/24

15:27

Post #: 73799523
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Originally posted by Bitcoinkid: ↑

It can comfortably go to $200mill MC on the existing resource alone
Should be $1B MC already imo better sooner rather than later otherwise they’ll become a cheap TO target if they’re not one already
The constant buying is coming from brokerages & I know these guys are targeting more that 10X returns imo

When FMG was starting out with @ $1B MC on 500mill tons @ 38% Fe & IO was only $65/t and they had no way of getting it out of the Pilbara, no access to road or rail

Can’t be f*ed explaining it to the HC “expert” down rampers but M4M has nearly 300 mill clean tons of Fe ( 600mill T @ 42% ) 300mill tons @ $116/t = $34.8B
34 000 000 000 (looks better when I put the zeros behind the 34)

So you see this play doesn’t depend on drilling
Yes they’re going to drilling the African & WA tenements to increase the resources but a commercially more than viable resource is already there

NOT FINANCIAL ADVICE
DYOR

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Which projects to do you see all those tonnes in Bit?

Last edited by Tigerthecat: 13/05/24

M4M Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.9¢		Change -0.002(6.45%)		Mkt cap ! $104.3M

Open	High	Low	Value	Volume
3.0¢	3.0¢	2.9¢	$106.0K	3.533M

Buyers (Bids)

No.	Vol.	Price($)
6	468964	2.9¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	167744	1

View Market Depth

No.	Vol.	Price($)
6	468964	0.029
8	2387178	0.028
5	2281110	0.027
4	1011383	0.026
7	2088305	0.025

Price($)	Vol.	No.
0.030	167744	1
0.031	1160363	7
0.032	225000	1
0.033	55333	1
0.034	41000	1

Last trade - 16.10pm 17/06/2024 (20 minute delay)


Last 3.0¢			Change -0.002 ( 0.00 %)
Open	High		Low	Volume
3.0¢	3.1¢		2.9¢	617325
Last updated 15.44pm 17/06/2024 ?

M4M (ASX) Chart

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