MLM 0.00% 2.6¢ metallica minerals limited

Check out the upside here

  1. 11,761 Posts.
    lightbulb Created with Sketch. 3068
    Take a look at MMI (Metro)
    They are in the same space and capped at $250m building the plant for next year start up.
    They want to produce 7m over the first 4 years while MLM will produce approx 1m tons next year and ramp up to their numbers after that. MLM is awaiting the final signature from the Minister and then its all go folks imo.
    Even if you cut the numbers by 1/3, MLM is worth approx 5 times the current price as the ramp up takes place.
    Both companies have to deal with the wet season, so you can see this is super cheap with all the environmental permits in place and the money to turn it on. Not long now imo. dyor

    ps
    The minister granted Metro their license on the 29th sept and the market cap has increased some $60m since then.
 
watchlist Created with Sketch. Add MLM (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.000(0.00%)
Mkt cap ! $24.95M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 188363 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 300000 1
View Market Depth
Last trade - 16.12pm 28/03/2024 (20 minute delay) ?
MLM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.