This goes out to all those that can read, listen and use a calculator...
MRQ ie MRG Metals Ltd
1. The JV has clear direction and a modest a business plan to take Central Corridor MOZ through to production. But the timelines and the NPV's are way too modest baby
2. Production will start within 9 months ...... CASHFLOWs baby
3. The ML for Southern will be in place before production - almost guaranteed, someone knows "SOMEONE" whose looking after our interests and doesnt give a stuff about RIO. They walked away from MOPZ years ago so they need to wait another few yet as "SOMEONE" will make sure baby.
4. Lihuane will get an exploration Licence in due course, and that "SOMEONE" will ensure it gets moving baby
5. The JV partner is extremely motivated to get to production ASAP, Its owners and the Chinese Govt who probably chat to the "SOMEONE" do INSIST baby
6. All funding is from SLC, no more CR's needed from MRQ probably NEVER given the OPPIES WILL get exercised given the above and below- the Ords are going to be 40,000 feet above 0.008 come 31/12/25 baby so scrip is what it is no more coming down the fund me please tube.
7. Once the Oppies are exercised MRQ is going to be rolling in $A cash - just add that into the valuation baby
8. There are additional tenements up behind Deng Sing in the hills ready to assay and prove up - MRQ will be able to afford the Rolls Royces of drilling vehicles baby
9. We have a port within 8 kms for exporting the HMS, now really how close is that !!!!!! Each truck will 1-2 weeks to use a tank of diesel baby.
10. It is great to have the Chinese govt as silent partners. Fortunately we are not Trumpmerica baby.
okay thats enough for now
I listed 4 potential bidders as likely to be ordering up today.
1. PIppy 2-day traders.... thank goodness they were occupied elsewhere
2. Current and interested investors.... yep a few stepped up and built up on Thursdays buys. Now how about that intelligent investor who broke all the rules around Option Pricing and simply stepped up and took 50,000,000 oppies - Yer baby, well done, am gutted I dont have your bank balance but I was in there too remember
3. Vulture funds looking for a twist - no-one at home, were probably looking to stymie the Myer's merger but no-one knows why Lew still wants in to that puppy, its old and fading. Does he know about the Internet.
4. Corporate - also no-one home, BUT recall the PTR takeover. MRQ is going to be a CASH COW within 10 months. Any bidder, and lets not discount the Chinese interests who will know MRQ holders are nitwits and cant see the value right in front of them baby. Did anyone hear the sobs of tears when we closed at 4.09pm on only a few 100k parcels, after 30Mil last Thursday?? Shame on you !!!!! Now totally smarten up baby and get your head around the asset value and cashflows that are coming in through the front door almost next week. Cos if you dont, others already have and they are going to do bodily harm to your potential future bank balance baby.
Do yourself a favour and look into this stock before you Miss Out
Finally, a quizz, no-one under 40 will understand but who was the TV Series star whose line was alway ...Who loves ya, baby?
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