MMI 16.7% 4.9¢ metro mining limited

News: MMI Metro Mining Says Ikamba Achieves Australian Regulatory Approvals, page-15

  1. 613 Posts.
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    Hi @dockers26 - I'm running a very concentrated portfolio of 4 stocks at the moment. The holdings are WA1, MMI, BIM and AEV.

    - I was late to the WA1 party at $3.60 but its been a great stock - generational discovery in my view.
    - MMI we all know about.
    - BIM is drilling for rare earths and niobium in Canada - they are onto a confirmed carbonatite (similar to WA1) - tiny market cap so hitting anything should see a rerate. Drilling in the 1970's hit good grades as shallow depths so just need to replicate it. Also have an interesting copper project in QLD
    - AEV have a huge phosphate resource in NT. They are ticking along and getting their approvals in place. Slow burn and management are only so-so which is disappointing. The resource is tier 1 though and phosphate is a greatly needed commodity in EV batteries plus fertiliser.

    WA1 and MMI are for now and delivering, BIM for drilling over the next 6 months and AEV is probably 12 months away from good SP appreciation (but should be good when they do rerate).

    Not cross promoting, just answering the question before anyone comments!
 
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Last
4.9¢
Change
0.007(16.7%)
Mkt cap ! $285.0M
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4.3¢ 5.1¢ 4.3¢ $3.705M 77.47M

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Price($) Vol. No.
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Last trade - 16.10pm 30/05/2024 (20 minute delay) ?
Last
4.8¢
  Change
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