MRX 0.00% 0.7¢ matrix metals limited

re: a possible takeover target ...rr roger ring...got cvaught...

  1. 5,391 Posts.
    re: a possible takeover target ...rr roger ring...got cvaught with your pants down there fella.....the XSTRATA deal was announced in september which gives them a right to earn 55% interest by spending 5 million over 3 years
    Matrix maintains 100% ownership of the tenements to a depth of 100m ...regardless of whether they would entertain a takeover of MRX ....if the resourse is there and the economics are there why wouldnt Xstrata want a piece of the pie
    cheers Jam
 
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Currently unlisted public company.

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