MRX 0.00% 0.7¢ matrix metals limited

spring cleaning, page-16

  1. 96 Posts.
    Snacks

    You need to read the Annual report to Shareholders released on 15/10/07.

    Page 13 indicates the following revenue.

    June 07 $0.3million
    July 07 $2.3milllion
    Aug 07 $2.8million
    Sep 07 $3.1million

    Total $8.5million

    Also read page 15 about further drilling at Mt Watson and the upgrade.

    Interesting thing will be what the costs are and hence profit but the quarterly will tell us this.

    Also they have a number of other potential satellite orebodies that they can also feed the Leichhardt plant so I see a long term 10+ year mine provided copper continues at strong prices which every indicator says it will.

    Remember they also have the White Range project!!!!

 
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