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!
