MRX 0.00% 0.7¢ matrix metals limited

good report, page-13

  1. 920 Posts.
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    Opal.. not 100% of the last quarter was at nameplate production, it was about mid October before that happened. I think we need the current quarter figures before we can make a reasonably confident extrapolation for the expanded production p/e.

    Production costs are the immediate concern for me..with fuel prices skyrocketing this has to make a hole in an operation that is currently carting the ore 30km to the plant...that's a lot of diesel per lb of cathode.

    I'll be glad to see the JORC ann increasing mine life (hopefuly), as that must be a big boost to the sp.

    Finally, we need the drilling programme to commence asap....more confirmed resource is what's needed to really needed imho.


 
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