MRX 0.00% 0.7¢ matrix metals limited

pay dividends to be serious, page-6

  1. 5,391 Posts.
    Only holding 1/3 of my original holdings for obvious reasons....shareprice hit my stop losses in the 9c range ....i think MRX will be alright in the long term.....its the production output that is needed to turn a profit 5500 T.P.A is not enough...in a perfect world 30000 per annum would be what i would consider an extreemly profitable operation.....lots of other coppoer producers turning out 30,000 + Tonnes....MRX have always had the problem of a small production output....coupled with the increasing costs was always going to hurt MRX....lets see once we have ramped up to 9000 T.PA so sit back and wait 12 months to see the real benefit of this....not a short term one....CVI is massive manipulation and i have sold and bought for profit....lots of he said she said over there...lol
    cheers JAM
 
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