MRX 0.00% 0.7¢ matrix metals limited

1) PRODUCTION ON SHCEDULE2) IST SHIPMENT TO GLENCOREIn the life...

  1. 5,391 Posts.
    1) PRODUCTION ON SHCEDULE
    2) IST SHIPMENT TO GLENCORE

    In the life cycle of a mining company this is very significant as they have achieved production and are now generating cash .....this is key

    Price has broken out and smashed thru 17c-17.5c which has been a previous resistence level.....a close at 18c and so convincingly should get this into the 20c range this week....it the market is rerating this stock it may not get back to 18c ....production and cahsflow is paramount....as ive bleeted for many months about the positives with MRX...i have had my knockers but proud to say finally pay day has come in....cheers to all believers
    Jam
 
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Currently unlisted public company.

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