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MATRIX METALS LIMITED (ASX:MRX) - have to say im very surprised..........., page-2 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
MRX
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0.00% 0.7¢ matrix metals limited

have to say im very surprised..........., page-2

  1. jamiroquai
    5,391 Posts.
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    11/01/08
    15:16
    Post #: 3235950
    placement completed....company has operating cost of $1.60 /lb and an operating margin of $1.50 approx ...and 100% OFFtake agreement with Glencore for the life of mine (6 years) with potential to increase....plus the DYL JV for uranium....and ramping up to production to 9000 t per annum by mid 2008...all good so sit back and watch the move back up....cheers JAM

    p.s Current price per ton is $7200 x 9000 for full year production..= $64,000,000 USD
    Should give us around $25-30,000,000 operating profit margin....nice
    MRX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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