MRX 0.00% 0.7¢ matrix metals limited

Hartley's will be putting out a new research report next month...

  1. 5,221 Posts.
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    Hartley's will be putting out a new research report next month but so far they have had no impact.

    The production increase to 9000 tonnes is a certainty but it has been delayed due to staff availability. MRX will announce the production increase next month.

    Company is currently trading at a PE of about 4.

    Linc (there 2nd largest holder) was forced to sell shares and that started the current slide.

    There are many just waiting for this thing to bottom from a technical perspective and it could jump very quickly.

    It was trading 3 times this price when copper was just $3.20 so fundamentals are not in play here.

    I will be buying more as soon as the stock has three up days.
 
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Currently unlisted public company.

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