MCR 0.00% $1.39 mincor resources nl

re: jockstar.... hi JC i balked at topping up on MCR after it's...

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    re: jockstar.... hi JC i balked at topping up on MCR after it's qtrly - I think the market is wary given the $ spent on capital works which is eating up the majority of it;s free cash flow that was generated during the qtr -free cashflow is the lifeline behind the valuation of a company-... i understand that a company must spend to make money but until the market can see that the benefits of such spend eg resource upgrade > 4years LOM it may struggle for a while especially also with a falling nickel price... hope all is well

    cheers AA
 
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Currently unlisted public company.

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