MMI 0.00% 5.1¢ metro mining limited

Looks like there have been no bulk carrier departures from...

  1. 506 Posts.
    lightbulb Created with Sketch. 83
    Looks like there have been no bulk carrier departures from Skardon now for 9 days. Correct me please if I am wrong but that means we have shipped 3 bulk carriers this quarter so far or approximately 185,000 WMT, with the potential for another 2 ships or 125,000 WMT to be shipped possibly by the middle of the quarter, therefore a total of 310,000 WMT shipped just over half way through the quarter. Say we do ship a 62,000 WMT ship every 5 days from now on (optimistic) we should see a total of 868,000 WMT shipped, give or take a couple of ships either way. This is an obvious improvement on last year's quarter however the barge loading infrastructure was substantially modified to handle wet bauxite, the hydraulic issues with the haul trucks were rectified and we have an additional screen, additional barges being introduced to the fleet, improved shipping management around the tides, considerable improvements made to the ROM and stockpiling area and all the knowledge of last year's production. What is the biggest change this year? No contract miner who delivered on guidance and apparently budgeted site costs. I think MMI needs to give us an operational update.
 
watchlist Created with Sketch. Add MMI (ASX) to my watchlist
(20min delay)
Last
5.1¢
Change
0.000(0.00%)
Mkt cap ! $303.7M
Open High Low Value Volume
5.0¢ 5.1¢ 5.0¢ $30.46K 608.5K

Buyers (Bids)

No. Vol. Price($)
4 389516 5.0¢
 

Sellers (Offers)

Price($) Vol. No.
5.1¢ 4770908 10
View Market Depth
Last trade - 11.01am 06/11/2024 (20 minute delay) ?
MMI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.