MMI 2.17% 4.7¢ metro mining limited

Its quite a complex set of circumstances and probably most...

  1. 506 Posts.
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    Its quite a complex set of circumstances and probably most influences on share price now are out of MMI's control. The slide in the share price started just before production started. Maybe MMI could have told us a bit more about what was happening at that time including changes in senior management and some better notice with the CR and some more detail about serious cash burn issues at the time. There is more certainty now with product sales and production, however we should expect hits to the bottom line with increases in fuel and shipping costs and some discounts with prices with lower quality specifications. You should also realise that the operation was cash flow positive in the last month of the quarter and negative for the full quarter and while production volumes now should see a cash flow positive operation for the full current quarter, the actual margins achieved for this current quarter are what matters now. I am glad there are a few true believers out there like you Daisy as you give us hope.
 
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4.7¢
Change
0.001(2.17%)
Mkt cap ! $279.1M
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4.7¢ 4.8¢ 4.6¢ $522.7K 11.18M

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No. Vol. Price($)
5 3640922 4.6¢
 

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Price($) Vol. No.
4.8¢ 2972414 9
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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