MRC
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4.76% 2.0¢ mineral commodities ltd

Havn't heard anything from management regarding the new fleet.So...

  1. Gammat
    1,642 Posts.
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    06/04/24
    10:53
    Post #: 73218366
    Havn't heard anything from management regarding the new fleet.

    So low grade mining it is ....

    Why has it taken them so long to sort this out? Clearly the options do not look great and are driven by cash flows.

    Overlayed with the hole in the dam, another unbudgeted cost, I wouldn't be surprised to see another CR in the near term

    https://hotcopper.com.au/data/attachments/6083/6083361-51911e790b0ec0439b39e92a0dde5a8e.jpg

    MRC Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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