M4M
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0.00% 1.8¢ macro metals limited

No.M4M is set to be in the lowest cost quartile producer as SR...

  1. Heisenberg63
    2,087 Posts.
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    11/09/24
    11:06
    Post #: 75624449
    No.
    M4M is set to be in the lowest cost quartile producer as SR has mentioned many times, given their projects proximity to Port.

    The stories of iron ore/China collapsing have been around for a long time, yet FMG just announced a record profit recently...by selling IO to mainly, China.

    M4M have a large Manganese project where the price of Manganese is many times that of IO and will be in high future demand. Again it has close proximity to Port to keep costs down.
    Finally, India's demand for iron ore will only accelerate as they are an aspiring steel producer in their own right.

    M4M Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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1.8¢ 		Change
0.000(0.00%) 		Mkt cap ! $65.21M
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1.8¢ 2.0¢ 1.7¢ $327.2K 18.27M

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1.8¢ 715995 3
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