Events of last few weeks should move share price. Not quite sure about the direction though.
+ Increased output / production.
+ More Favorable exchange rate.
+ Lower costs of diesel.
However, against all the good news is the sharp drop of the price of copper.
While copper has fallen 15% since it peaked at around US$4, the lower exchange rate together with lower production costs should soften the impact. I tend to think that recent events are actually in favor of MRX. Any thoughts on that?
- Forums
- ASX - By Stock
- MRX
- valuation
valuation
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)