MRP 0.00% 6.1¢ macphersons resources limited

Ann: Half Yearly Report and Accounts, page-6

  1. 106 Posts.
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    I think this is the play - The team at MRP believe that there's a Charlotte there - they undertook a comprehensive search looking for the resources but really couldn't . Perhaps the results from the deep holes will be optimistic.

    Irrespective --

    There's pressure , after 2017 to actually do something - the decision is to either keep looking or mine and look.

    There are 2 outcomes here

    a) They find it and we all hit paytdirt
    b) they don's BUT you have a profitable small to medium producing mine.

    Either way I think the outcome is profitable.

    The only cost is patience and time.
 
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