MRC mineral commodities ltd

Ann: Water Storage Dam - Tormin Mineral Sands, page-9

  1. 1,642 Posts.
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    Hey Croc. What Spiddles failed to mention in his response on the loan, is that it’s only available for the MSP … not working capital

    Hence the situation is even more dire than thought.

    No announcement yet on the solution for the fleet - can only assume cost / cash availability is holding this up . All the while they are restricted to low grade mining

    Tormin down time
    cost of fleet !?
    cost to repair dam!?

    previous CR was a dismal failure! Things are not looking good.

    Strongly agree with your view on a CR shortly in the 1 cent range
 
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