Yes, MCR sell off has been unrelenting.
The presentation is a good one.
Even at $A10ni prices they are still making $8m a month. Cash cost fallen to be under $A6 a lb.. Margins 40-50%
Just got to hope they have sufficient resource which they can mine for under $6.. Anyone know?
They have 100m in the bank and no debt.
Huge exploration potential as well.
Mkt cap 239m!!!!
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