MRC 0.00% 2.6¢ mineral commodities ltd

Ann: Entitlement Offer - Results and Shortfall, page-18

  1. 15,997 Posts.
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    Hi Croc,

    I never bought in at 12 cents, this is another false narrative you have started.

    The inland strands issues weren't the reason why the SP had declined, the main reason for the SP falling was due to the former CEO along with his associates selling their significant shareholding.

    The inland strands - restarted the processing of the inland strands in March 2023. over this period the SP has declined from 5 cents to 3. There are no issues with processing 2 different mineralisations through the Tormin processing facility, if you bothered to read the announcements, they have detailed they have successfully commissioned the improvement and discovered they could increase the plant's productivity by installing additional seawater supply and better spiral classifiers. the last QTR's production was impacted by blockages to the seawater inlet to the processing facilities.

    The improvement will only increase the profitability of the company when they have a resource that will provide a 50-year mine life.

    Keep up the false narrative, this is what you do best no doubt you will miss out on another rerate due to your overinvested views in WKT.



 
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