I have asked this question before, Mrg has water locked for another 2 years at $160per meg. Then resets at 5.5% of market - on about 6500 Meg. (Another crap management decision - hehe) Also hearing some raisins are being sold unprocessed to the US and Hong Kong. $3100 even after transport costs is a lot higher then MRO's highest price offered. Raisin prices globally keep climbing!! That is the point that everyone is missing.
MRG Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
