MMI 2.13% 4.8¢ metro mining limited

News: MMI Metro Mining Signs Contract With State-Owned Chinese Aluminum Group, page-10

  1. 57 Posts.
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    The world will soon be awash with cheap high quality Guinea bauxite. (check out my google search below)

    https://hotcopper.com.au/data/attachments/1623/1623455-20ff22adf2e2d440a98652b5bce0cfb5.jpg

    MMI are yet to release the information required to make a reasonable assessment to see the original BFS assumption from 2017 are valid? Why would you invest in a company before seeing all this released and make a reasonable assessment?

    They have potential in a "thinking outside the box" operation that surely has even made the big boys sit up and pay attention. Maybe it needs scale to realise the $ but how do you tell? Instead we get an announcement about the buyer to tonnes already announced as sold? Err.. or planned to be produced in 2019 without a buyer until now?? Ore that is now further away from Port than in 2017? Who the F knows?

    Paid - never enough
    Like to be fully informed - yes
    Disgruntled - no
    Astute investor - yes

    News flow, sentiment and credibility are the lifeblood of a small cap and MMI are failing the test...badly IMO!



 
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4.8¢
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