The problem is market and technical. The 12.5-13c area is technical support, so expect a rapid recover after consolidation...if you get any of that, it will depend on the market. The mine is performing to expectation. Hedged the AUD around 0.84, though coppper price exposure since the price is struggling to stay above technical support at $3.12/lb. Mind you, if commodity prices fall, so does the AUD, but that wont calm foreign investors, so it will take a little time for Australian investors to absorb their equity shifts. Being a small stock, it shouldn't be too long.
MRX Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
