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  1. #1
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,221

    Default MMI Metro Mining

    www.metromining.com.au
    1,288,003,657 shares at 27 cents gives a market cap of $347,760,987.
    Australian Bauxite miner in Cape York.Also has large thermal coal resources in Sturat Basin,Queensland.
    First Bauxite shipment should be in April, at the end of the wet seasonl.Good takeoff agreements in place.
    Link on HC to a good www.proactiveinvestors.com.au article .MMI thread,Off to the races,Butzbuster.Forecast to generate underlying earnings of $2.5billion over a 17 year mine life.ie annual earnings of $145 million.
    Last edited by percy; 03-02-2018 at 05:44 PM.

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