Its not the main lonstanding debt that's the problem I think. Glencore provisionally paid MRX for copper concentrate based on a ceratin pricing formula. However, because of the collapse of the $USD copper price, MRX were effectively overpaid and now owe money to Glencore. They cannot pay it as is it. That's my quicky evaulation anyway.
angus
- Forums
- ASX - By Stock
- MRX
- matrix is gone - va appointed nc
matrix is gone - va appointed nc, page-4
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online