MRC 11.5% 2.3¢ mineral commodities ltd

Ann: Quarterly Activities Report - March 2024, page-11

  1. 8,402 Posts.
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    Hi spid81 pull the other leg…The company just entered into a 30 million share dilutive raise and cannot afford maintenance in order to avoid costly breakdowns and production losses…A new fleet to replace the aging fleet where US$10 million loss the previous quarter was reported…A new excavator is hardly a game changer…

    No buying no interest and a likely cash raise just around the corner…You already acknowledged the dire position suggesting May need to step up once again where AU mining may further dilute the register…Tick tock old chum

    Regards Croc


    Last edited by Croc-file: 29/04/24
 
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