MFC metals finance limited
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Ann: Appendix 4E - Preliminary Final Report , page-4

  1. bbender
    226 Posts.
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    11/11/10
    10:43
    Post #: 7459582
    Brief summary : Cash in bank but no real income stream. Their BSM shareholding is today worth approx. $10M (paid about $2.6M) and rising but the flagship S.A. nickel recovery operation has unspecified local snags and seems dead in the water.
    Unlikely to advance until it has positive cash flow.

    Memory numbers and opinion only...DYOR!

    BB.

    MFC Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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