MRX 0.00% 0.7¢ matrix metals limited

Hi Football star.....at 9000 t per annum they should make a...

  1. 5,391 Posts.
    Hi Football star.....at 9000 t per annum they should make a sizable profit....someone mentioned a cash surplus of 3 million...well thats not showing up on the cashflow report...overall it shows a 9 million + production cost....or a net operating loss of 2.7 million bucks...thats what matters in the scheme of things....MRX will need to show a profit next quarter or they will get hammered....thats how it works....ive halved my holdings to free up some cash but still in profit due to my average price and trading history on MRX.....LETS SEE WHAT THE NEXT QUARTER BRINGS...BUT ALL IN ALL not too flash IMHO

    CHEERS JAM
 
watchlist Created with Sketch. Add MRX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.