Market Discussions

M-Spec Industrial Resources Ltd (MTLS) is pleased to announce a 2nd quarter dividend of 10,000 ISK per share, payable on Tuesday, July 7 to shareholders of record as of Sunday, July 5.

During the quarter, share net asset value rose from 470,000 ISK to 490,200 ISK. Shareholder return, including dividend, amounted to 6.4%. Continued strength in Megacyte and Zydrine plus a surge in the price of Morphite overcame declines in low- and mid- range minerals to produce the gain. The quarter saw relatively stable pricing in other major industrial material groups.

Year over year, share net asset value rose from 398,700 ISK to 490,200 ISK. Total return for the 12 month period, including dividends of 40,000 ISK, amounted to 33.0%.

As of June 30, M-Spec's assets totaled 646 billion ISK, of which 37 billion was in cash.

For more information, see the bio of and/or contact Jay Aaron in-game.