MRX 0.00% 0.7¢ matrix metals limited

Smoot - Matrix cash flow

  1. 392 Posts.
    Smoot are you about?

    Did you see the cash flow numbers for MRX?
    They are down to $223K at the end of May and losing money at around $180K per month on average. In the next week or so they should run out of cash at that rate.

    You said that you expected MRX to be able to boost its cash flow and be profitable sometime around now. Do you have any insight as to what they will do to get more cash?

    I'm getting rather worried about my investment in MRX.
 
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