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MATRIX METALS LIMITED (ASX:MRX) - sad , 3900196, page-5 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
MRX
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0.00% 0.7¢ matrix metals limited

With copper @$3.80 and still rising and prouction output to...

  1. kanga2
    308 Posts.
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    24/06/08
    12:17
    Post #: 3900196
    With copper @$3.80 and still rising and prouction output to increase within the next few months (9000 tpa), then it shouldnt be to long before the punters spot a bargain.
    Aslong as the rising copper price keeps in line with rising fuel cost (re production costs) we will be in for some good profits

    Mkt cap $54m
    Future rev 9000tx$8000t= $72m
    Production cost aprox 50%=$36m
    Cheers kanga
    MRX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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