MMI 3.64% 5.3¢ metro mining limited

News: MMI Metro Mining Reaffirms 2019 Production Guidance Of 3.5M Wmt Shipped, page-6

  1. 506 Posts.
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    What is that now, 6 days loading and the new marine fleet was supposed to be commissioned in April? If MMI don't receive cash from Xinfa over the next week or 2 my estimates are they will have a tight cash situation. After a $17 million CR last year and full years production, to be in the situation we are in now is a problem. We now really need to generate $20 million in profit to fund the wet season shut down and not mentioning the loan repayment. This can't continue and there is obviously some issues with the start up this year and yet MMI are silent. Arrogance!
 
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