MSC minerals corporation limited

onwards and upwards, page-6

  1. 489 Posts.
    I am interested to understand where you got the September breakeven date from ?

    I hope it was not from the company! Per the second quarter update it includes a forecast that breakeven would be achieved at 70 customers. If you are corect with 60 customers at present they are bang on their forecast for customer take up. This would start to give me back some confidence in this busniess, however if breakeven will not be achieved until September I would be very concerned they will be able to survive that long, and also why they were telling the market it would be achieved in April ?

    I hold a fair number of these, but had pretty well written them off as a good lesson to learn some time ago - would be nice if it were to come back.

    PS - I would be very surprised if they recieved $5m in cash from China, where did this number come from ???
 
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Currently unlisted public company.

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