MMN macmin silver ltd

mmn puzzle - who has ans pl?, page-3

  1. 24,765 Posts.
    1. They have nearly 300 million shares and 90 million options on issue.

    2. They have risen from a 52 week low of 6.3 cents.

    3. They don't produce silver.

    4. There is no guarantee they will come into production.

    5. With those options exercised and trading at a PE of 15 for MMN to be at 40 cents would mean they have to make over $10 million dollars profit a year. That is a lot of silver. ================================
    Form your opinion and note the disclaimer below.
 
watchlist Created with Sketch. Add MMN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.