MRC 3.85% 2.5¢ mineral commodities ltd

Hi spid81 you should get out from behind the keyboard…Just being...

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    Hi spid81 you should get out from behind the keyboard…Just being near the beach takes years away from machinery life span…

    Am surprised they have already spent the $6.2 million sales proceeds from January…Is the plant now in a state where constant maintenance is required…Keep in mind management have now been required to ask for approval of 30 million more shares being add to the register and an $800 thousand dollar payment…

    Spid81 has little idea of how seawater effects the plant and functionality…Everything rusts quicker as not only the salt moisture effect the plant they are using seawater to process…Just recently production was halted as a new shaft was required…Normal ware or salt effected…

    https://hotcopper.com.au/data/attachments/6121/6121595-ba6f38776ff6ca74588b2e7e71589d88.jpg

    Regard’s Croc
    Last edited by Croc-file: 23/04/24
 
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