MRC
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0.00% 2.1¢ mineral commodities ltd

Hi Norway, 30mil shares at 2.6 cents = $780k If the SP falls...

  1. spid81
    15,706 Posts.
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    18/04/24
    18:45
    Post #: 73413437
    Hi Gammat,

    As you know MRC has had production issues, thankfully we have AU Mining that is a major shareholder who is willing to fund the purchase.

    My preference is for MRC to pay the loan to Au Mining in the future (12 months) rather than dilute shareholders by issuing shares at 2 cents.


    Hi Norway, 30mil shares at 2.6 cents = $780k

    If the SP falls Gold Terrace will get less, if the SP goes up they get more.
    MRC Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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