MRX
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0.00% 0.7¢ matrix metals limited

why the low price

  1. Lagoz
    209 Posts.
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    17/04/08
    19:53
    Post #: 3599902
    There are two factors which appear to restrain this Company's share price:
    1. reserves, and
    2. diesel costs.
    Reserves are only something that can be resolved by further exploration and drilling. However, the diesel problem could be solved by connection to the Qld. grid. CUO have done it. So far, I've seen nothing from MRX as to the cost of a transmission line to the nearest grid point.
    Just some thoughts!
    MRX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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