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
3.6¢ |
Change
0.002(5.88%) |
Mkt cap ! $214.3M |
Open | High | Low | Value | Volume |
3.5¢ | 3.7¢ | 3.5¢ | $552.1K | 15.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1202500 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 474018 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 500213 | 0.037 |
1 | 125000 | 0.036 |
1 | 230000 | 0.035 |
7 | 1820793 | 0.034 |
10 | 2418146 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 305551 | 5 |
0.037 | 250000 | 1 |
0.038 | 430136 | 4 |
0.039 | 512000 | 2 |
0.040 | 597433 | 6 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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