MRC 0.00% 2.6¢ mineral commodities ltd

Ann: Application for Quotation of Securities, page-24

  1. 8,409 Posts.
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    Hi Spid81 the problem is no one knows where the reduced amount will be spent…Can they afford the necessary equipment…A 6.5 million short fall and now the back filling has already started when cash is limited…The diesel bill are adding up fast

    AU mining was the major contributor for the institutional investor…This was disappointing realising no meaningful Outside money was forthcoming…

    Why did the investor ask to be paid back ASAP when they could have waited for a return to profitability..

    You have already added SYR failed to deliver after their plant alterations which is running at a fraction of plant capacity…Yes it was sad days trading on Friday with little interest

    Regards Croc (Riding a Wild Bull…)
    Last edited by Croc-file: 03/12/23
 
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