MRX 0.00% 0.7¢ matrix metals limited

do shareholders get money back, page-3

  1. 5,311 Posts.
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    chinkiat,

    Not sure what you mean by "worthless as it is". The plant has value as does the mine. I had been in contact with the company before its collapse in regard to unrealised potential in the oxide resource. Since then I have contacted the administrators but without any response as yet. My preliminary opinion was that MRX was not getting maximum value from their leaching operation.

    I certainly agree that shareholders will get nothing as things stand but the tenements are certainly not worthless.
 
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