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Metallurgy & Beneficiation News, page-313

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Lizzard

995 Posts.

65

05/09/23

18:37

Post #: 69742395
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Originally posted by Linzy: ↑

As a long term holder I like what I see with MRD, it's exciting.

The reality check came earlier this week when MEI (held too) hit the bonanza in Brazil.
Brazil you might say!
Of course there's way more work to done, that said the Chinese have already offered financial support to get this off the ground.

Now, the interesting question will be, where will MRD sell any product outside of China?

The major point is, China and Brazil are both in BRICS and have started direct trading, please research how the Chinese intend to push away from countries not prepared to deal with the Yuan.

Australia may be making noises about huge export opportunities, these will need to be turned into sales.

The other scary though is that the Foreigners are still allowed to buy out/purchase prime resources here in Auz with no commitment to having to bring these to production.

Look at Li, still in its infancy and look at the carnage that's gone on there, everyone points the bone at the Chinese cause they want to control as much Li globally as possible.

Mum and dad investors tend to get burnt on the way through.

Food for thought and just throwing it out there.

MRD needs to pull finger sooner rather than later.

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all good but why is there this relentless sell down to 0.001

MRD Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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