MMI 2.33% 4.2¢ metro mining limited

Table I posted a while back, MMI current market cap $211M. Debt...

  1. 595 Posts.
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    Table I posted a while back, MMI current market cap $211M. Debt approx. $80M. Contracts are in place for 2024 & 2025. Margin for 2024 somewhere between $12 & $17 a tonne. AGM coming up in May in Brisbane.


    Margin per tonne
    Shipped - tonnes - PA$10.00$12.50$15.00$17.50$20.00
    6,000,000$60,000,000$75,000,000$90,000,000$105,000,000$120,000,000
    7,000,000$70,000,000$87,500,000$105,000,000$122,500,000$140,000,000
    8,000,000$80,000,000$100,000,000$120,000,000$140,000,000$160,000,000






    Shares on issue (including Warrants)5,250,000,000##############################################
    4,500,000,000##############################################






    Shipped - tonnes - PAEPS
    6,000,0001.141.431.712.002.29
    7,000,0001.331.672.002.332.67
    8,000,0001.521.902.292.673.05







    Estimated Share Price (Cents per share) calculated on Dividend of 50% of margin with a return of 5% on investment
    Shipped - tonnes - PA
    6,000,00011.4 14.3 17.1 20.0 22.9
    7,000,00013.3 16.7 20.0 23.3 26.7
    8,000,00015.2 19.0 22.9 26.7 30.5
    https://hotcopper.com.au/data/attachments/6103/6103832-99b57019dc54a67a7ec377283178e245.jpg

 
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