MRX matrix metals limited
Add to My Watchlist 0.00% ! 0.7¢

Events of last few weeks should move share price. Not quite sure...

  1. alex_9645
    18 Posts.
    clock Created with Sketch.
    10/08/08
    15:50
    Post #: 4094491
    Events of last few weeks should move share price. Not quite sure about the direction though.

    + Increased output / production.
    + More Favorable exchange rate.
    + Lower costs of diesel.

    However, against all the good news is the sharp drop of the price of copper.

    While copper has fallen 15% since it peaked at around US$4, the lower exchange rate together with lower production costs should soften the impact. I tend to think that recent events are actually in favor of MRX. Any thoughts on that?

    MRX Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Gold producers Alkane and Mandalay make merger official
right-arrow Created with Sketch.
AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

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