MRC 0.00% 2.6¢ mineral commodities ltd

Ann: Proposed Issue of Securities - Updated, page-57

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  1. 8,685 Posts.
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    Hi Spid81. Quote: I have been well aware of MRC's issues with processing the Inland strands mineralisation; numerous ASX announcements detail the delays, installation, and improvements that have been required. MRC has also detailed the issues regarding the seawater intake.

    It was only weeks back you were preaching they needed to move to the inland strand where higher grades would bring greater profitability and opportunity while the beach sands replenished...

    Now, you are telling us you are well aware of MRC's issues.I doubt that very much...You could not even foresee the different ore types (Beach sands/inland strands) being run through the same plant, which was going to result in a major upgrade.We have seen SYR have multiple problems processing the variables of the ore...It's another 6 months away before they can even test-run the alterations to see what maybe needs to be done next...

    Regards Croc (A poor blogger rating preaching she will be right mate...)
    Last edited by Croc-file: 20/11/23
 
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