MMG Ltd (FRA:OMS1)

€ 0.322 -0.002 (-0.62%) Market Cap: 4.10 Bil Enterprise Value: 9.77 Bil PE Ratio: 38.27 PB Ratio: 1.58 GF Score: 59/100

MMG Ltd to Acquire Khoemacau Copper Mine - Call Transcript

Nov 21, 2023 / 04:00AM GMT

Release Date Price: €0.252537 (+4.72%)

Transcript

Operator

Thank you for standing by, and welcome to the MMG Limited Investor Webcast. (Operator Instructions)

I would now like to hand the conference over to Mr. Jarod Esam, Head of Investor Relations. Please go ahead.

Jarod Esam

MMG Limited - Head of Business Evaluation & IR

Thank you for joining MMG's webcast. Presenting today are MMG Interim CEO, Liangang Li; and CFO, Ross Carroll. The slides for today's presentation are being webcast in both English and Chinese. They can also be accessed from the Investor and Media section of the MMG website. (Operator Instructions).

I'll now hand over to Liangang.

Liangang Li

MMG Limited - Interim CEO & Executive Director

Thank you, Jarod. We are pleased to present to you today on the acquisition of the Khoemacau copper mine in BosValen. This transaction is compelling and transformational for MMG. We have entered into a binding agreement to acquire the mine for USD 1.875 billion.

Our major shareholder, (inaudible) is fully supportive of this

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