I expected the September Quarterly to come out last week so it is a bit late.
Two questions that I hope will be touched on are:
1) Any update from the incursions into China - MXC has had about six months so I hope we will get some very positive news - actually, any news. 2) MXC took the option of arbitration to extract compensation for the failed VC deal. By their very nature, this route does not require updates from the arbitrator and can take 18 months to render a verdict. Plus, we are looking at UK and Korean law so maybe that could be an issue. Be really good to get some news - and maybe some expectations - from MXC.
In any case, I think SH need the quarterly to bolster market confidence - and it should do that if we see a rise in revenue. It is clear that MXC operations is on the rise.
MXC Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
