Ann: MRC Secures Funding Support for Growth Strategy, page-29

Hey @Peppie

You mentioned before that GMA Garnets Western Australian mine is almost exhausted.
I wonder why GMA Garnet hasn't approached MRC To make a direct investment in the company. They seem to have significant resources to invest in MRC's project with them offering US$10mil for the production facilities upgrades to produce finished Garnet products.

BTW, Do you think MRC will enter into an agreement with GMA garnet to process GMA's existing stockpile of garnet concentrate into finished product, the cost to produce finished products will significantly reduce the volume of material to be transported to the port.

Final question, Do you know if a Pre- Concentrator Plant (PCP) which MRC is raising $4.3mil for, is this custom-built, or is it an off-the-shelf product, Also do you know the normal time frame to secure such an item?