MCR mincor resources nl

agm delay puts upward pressure on pon

  1. 14,244 Posts.
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    Hi Folks,

    Yet more evidence of delays in the supply response with AGM admitting delays today, approx 3 month delay fessed to so far. The silver lining is in the upward pressure on the pon first half CY08. Also sympomatic that the supply response has it's problems.

    Good to be with MCR management who appear able to deliver to schedule.

    MCR may no longer be for fast money, but imo still a good place to have some serious longterm funds placed.

    EL
 
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