MRQ 25.0% 0.3¢ mrg metals limited

The Catalysts for MRQ, page-4

  1. 5,749 Posts.
    lightbulb Created with Sketch. 1066
    TheSharePriceCatalystsmightbe?

    1)thecontinuationofdrillingreportsatKokoMassava,another74holes.$$$’s
    2)theextensiondrillingreportbeyondthe20squarek’satKokoMassava.$$$’s
    3)thedrillingofPoiombo,NhacutseafterKoko$$$’s.
    3)theassayscomingoutofPerthlab.$$$’s
    4)thepermittobegrantedforthedrillingofLinhuaneprospect.$$$’s
    Theonethatpeople(market)willbetakenbysurpriseiswhennumber:-
    5)theysellNorrlidenSweden.$$$’s

    thiswillgiveMRQmore$$$’stotheirbankbalancewithouthavingtorattlethetinanddilutionwhichmanagementwishtoavoid.
    AIMHOsoDYOR
    regardstoallandmerryChristmas
    Below is my own research and not financial advice

    Nothing to fault here. Management are doing a spectacular job.

    The drilling activity forecasted for Q12020 in conjunction with 2 expected assay results in January, married with a third expected result in February - one would be hard pressed to find a mining junior with this level of forthcoming news. Junior as in proper junior - market cap less than 50 million - that's where the leverage is.

    Management said no to an enormous amount of good, average, decent, OK mining acquisitions in the hot metals two years ago - lithium, cobalt, graphite, copper etc. What a master stroke to ignore the noise.

    I'm sure after this weeks performance, mineral sand acquisitions will become more attractive in 2020 - especially with the market fundamentals being promoted by Iluka (ASX:ILU) of a forthcoming structural supply deficit.

    ASX interest in minerals sands is perhaps best conveyed through this 2018 takeover of Mineral Deposits (now delisted of course, but formerly ASX:MDL) in Senegal by Eramet (French Company):

    https://www.copyright link/companies/mining/mineral-deposits-labels-eramet-bid-inadequate-20180510-h0zvk6

    Many well regarded Australian Funds on the MDL register - Allan Gray, Sandon Capital and Thorney Investments. Forecasted revenues impressive.

    Legitimate and credible interest displayed.






 
watchlist Created with Sketch. Add MRQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.