MMI 4.65% 4.1¢ metro mining limited

Maybe SK7 but I bailed because - but made hoot profits when sold...

  1. 305 Posts.
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    Maybe SK7 but I bailed because - but made hoot profits when sold out 29c but bought back a bit when retreated to low 20s should have stayed out. 1. 4 month wet season production hiatus nothing happening till mid April 2. Mmi only disclosing production and not details total opex costs and therefore margins I got no ideal last 3Q production and 1Q hiatus with maintenance holding costs if the full year is likely to profitable breakeven or loss making 3. Since mmi not disclosing pertinent business details it's impossible to gauge how actual scale up operations will compare to feasibility numbers as they have not divulged in year 1 yet 4. Not convinced mmi mcap valued over $200m until I see some real all in sustaining costs and margins disclosed they are not just producing Bauxite they are now a business we want to know how business is running the numbers. Mmi disclose everything except the most important need to know numbers. 5. Currently favour cash and gold stocks - subject to change
    Last edited by Mojo Rising2: 11/01/19
 
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Last
4.1¢
Change
-0.002(4.65%)
Mkt cap ! $198.5M
Open High Low Value Volume
4.3¢ 4.4¢ 4.0¢ $1.187M 28.64M

Buyers (Bids)

No. Vol. Price($)
26 10000620 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.2¢ 789600 2
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Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
4.1¢
  Change
-0.002 ( 4.87 %)
Open High Low Volume
4.3¢ 4.3¢ 4.0¢ 9325297
Last updated 15.58pm 06/05/2024 ?
MMI (ASX) Chart
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