Yeh Z we need some good news re copper price. With oil going through the roof, and MRX now being a large consumer of the stuff (diesel), we need a nice hefty increase in the Cu price to get the sp moving.
One would think their production costs per tonne have increased again in the last 1/4. We need the price to head north to compensate.
The number of sellers lately has been cause for concern.
I had a top up order @ .071 go off on Friday arvo, so i averaged down a little.
Fingers crossed for those drill results. Surely there must be some news just around the corner.....
Cheers Mac
MRX Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held