MFC metals finance limited
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trading 8.7 cents. cash and investments 20.8 c

  1. The Alchemist
    1,934 Posts.
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    01/07/09
    12:44
    Post #: 5343586
    Just looked at the Quarterly. They have approximately 13.4 cents per share (calculated from Tradingroom.com.au info) and investments in Bass Metals of another 7.4 cents per share.

    Value = 20.8 cents per share not allowing for the working plant at Palabora and the new copper-cobalt project in Zambia. Cobalt from the Congo might be interrupted due to civil unrest.
    MFC Price at posting: 8.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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