MRX 0.00% 0.7¢ matrix metals limited

chart, page-4

  1. 177 Posts.
    re: chart of the 7c Also : the BFS has assumed recent high spot Cu prices.
    I also note a cathode premium has been assumed based on current high cathode premiums which will change significantly when production occurs ( ie downward), and metallurgical recoveries are at the high end of the range tested and thus more down side likely on recovery rates.
    Quite a disaster and i suspect that the originaly BFS was not studied closely enough perhaps or that there was a hope to have substantially higher output ? I dont know!!
    In any case i only see downside after a likely dead cat bounce as IGO and others who want to exit try and support the stock in the short term.
    Others views???
 
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