MFC 0.00% 0.7¢ metals finance limited

Brief summary : Cash in bank but no real income stream. Their...

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  1. 226 Posts.
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    Brief summary : Cash in bank but no real income stream. Their BSM shareholding is today worth approx. $10M (paid about $2.6M) and rising but the flagship S.A. nickel recovery operation has unspecified local snags and seems dead in the water.
    Unlikely to advance until it has positive cash flow.

    Memory numbers and opinion only...DYOR!

    BB.

 
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Currently unlisted public company.

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