MRX 0.00% 0.7¢ matrix metals limited

Hopefully you're right Tonstril, I think the diminishing margins...

  1. Zia
    3,340 Posts.
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    Hopefully you're right Tonstril, I think the diminishing margins haven't helped MRX but hopefully the ramp up will achieve a better overall sales to costs ratio and increase those margins.

    Chinese are buying domestic copper which has decreased demand on London exchange but these things are cyclical and can change quickly.

    A good announcement for the results of the drilling would supersede those concerns though, have a look what happened to CUO's SP when they announced a 3.3% grade resource on 17/4/08......wishful thinking on my part.

    Cheers,

    Z
 
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