MSC 0.00% 6.4¢ minerals corporation limited

ASFORSIMON:As you are a regular here, I'm a bit surprised to see...

  1. 202 Posts.
    ASFORSIMON:
    As you are a regular here, I'm a bit surprised to see your query. Having looked over their accounts you should know they are stretched very thin on cash flow and have disappointed regularly, so are not to be believed until the ink is dry.
    Plus, for a startup, they're geared to buggery.

    A month ago we were wondering whether they would survive, the double dilution has put that off for a few more months, but without a REAL order, ie not samples, then the high cost of manufacturing in a remote location will consume them.

    That said, most of here have a stake of varying size depending on risk appetite. Good luck.
 
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