MCR 0.52% 96.5¢ mincor resources nl

Agree . MCR is a good company in a decent commodity cycle but...

  1. 3,646 Posts.
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    Agree .

    MCR is a good company in a decent commodity cycle but atm they are just burning through there cash in bank to produce.

    Time to conserve the cash and the announcement of C&M from months ago should be put into action.

    With DM stepping down and a new leader it will be much easier for this to be realised. Emotional attachment is removed and DM goes out as a excellent leader who pulled MCR through the GFC

    The problem is the share price will fall

    Diesel...
 
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Currently unlisted public company.

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