Actually to add to my previous question .... assuming MRX would continue to earn 0.5 $US/lb (taking today's closing prices) .... means net operation profit for 12 months would be around 9mil.
There is obviously the loan from Glencore and the ongoing exploration costs ..... but overall they should still be in the money.
Or am I going down the wrong track?
is mrx in trouble or not, page-2
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