MRX 0.00% 0.7¢ matrix metals limited

2 major milestones reached, page-4

  1. 5,391 Posts.
    This article taken from the smart investor magazine (publication)

    its under a heading TANTALISING 10 C TEMPTERS

    "In the past 5 years mincors chairman david humann has watched the company move from explorer to producer. its profit has increased from 2M to 29M and the companys share price from 10 scents to 230 hummann is also chairman of MRX a diversified mining company that is in the process of bringing a major copper reserve into production
    the company has completed a feasibility study in relation to its white range copper resource management is looking at the possibility of complementing the 45 M of bank funding with about 3.5 M in take off agreements whereby the third parties can invest in what is potentially long life project
    if such a deal can be struck hummann may be able to do fo Matrix what he did for Mincor"

    Makes interesting reading

 
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