1MC 6.82% 4.1¢ morella corporation limited

Correct JB got the mine up and running, however the problem was...

  1. 162 Posts.
    lightbulb Created with Sketch. 12
    Correct JB got the mine up and running, however the problem was always the process plant, which never operated cost effectively, therefore no profit margin, ( Loss making ) operation trying to payback high interest loan, was never going to work.
    The BOD were experienced coal diggers and washers and the complexity of the process involved in producing commercial quantities of 6 % spod was, unfortunately, beyond them.
 
watchlist Created with Sketch. Add 1MC (ASX) to my watchlist
(20min delay)
Last
4.1¢
Change
-0.003(6.82%)
Mkt cap ! $10.13M
Open High Low Value Volume
4.4¢ 4.4¢ 4.1¢ $6.658K 156.4K

Buyers (Bids)

No. Vol. Price($)
3 115822 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 52944 2
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
1MC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.