MRX 0.00% 0.7¢ matrix metals limited

In support of the MRX expansion of production as soon as...

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    In support of the MRX expansion of production as soon as possible, these are forecast average yearly prices for copper:
    06(A) 07(E) 08(E) 09(E) 10(E) 11(E)
    3.06 3.24 3.25 3.00 2.65 2.00 US$/lb

    Also, a further thought on the effect of a downturn in the US. If China's copper consumption is 20% for exports and the US accounts for 20% of the exports then the effect of a US downturn would be minimal eg 20% of 20% - 4%.
    So, I fully support the expansion of MRX's production even though I wish the market would treat it a little better!!!

 
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