The world will soon be awash with cheap high quality Guinea bauxite. (check out my google search below)
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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Last
4.8¢ |
Change
0.001(2.13%) |
Mkt cap ! $285.1M |
Open | High | Low | Value | Volume |
4.8¢ | 4.9¢ | 4.7¢ | $205.0K | 4.269M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1530173 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 199965 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 1530173 | 0.047 |
12 | 2473908 | 0.046 |
13 | 2088574 | 0.045 |
9 | 1345639 | 0.044 |
4 | 520248 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 199965 | 1 |
0.049 | 1586006 | 3 |
0.050 | 6456642 | 7 |
0.051 | 1113791 | 4 |
0.052 | 2268163 | 5 |
Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
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