MRC 0.00% 2.6¢ mineral commodities ltd

Ann: Suspension from Quotation, page-13

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  1. 4,146 Posts.
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    Hi spid

    Would you say the situation is very dire?

    Beach mineral resource contamination
    "There has been some significant, immediate oil contamination.
    It is too early to assess the extent and impact on the full mineral resources and mining areas on the Tormin beaches, a length of coastline that extends over 10km. This will remain unclear until the oil has been removed and Ship recovered in the coming months.
    The potential to economically mine some" areas of the beach sand in the future is now uncertain and remains at risk depending extent and concentration of the contamination."


    Do you believe MRC will come out of suspension on August the the 6th or is your money going to trapped in this stock for months to come.

    Once in suspension we often see issues like this drag on for months and a lot of extensions.
 
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