Ann: CEO Resigns, Stays On In An Advisory Role, page-4

@1MarcusAurelius

I thought I would point out the positives commentary from the announcement,

“Jacob laid the foundation for MRC’s Five Year Strategic Plan 2022-2026 and the recent
Rights Issue that was strongly supported by shareholders
. He has worked hard on fostering strong relationships with shareholders and regulators, with the Company now
well placed to build improved profitability in its heavy minerals business and increase the
asset value of its battery minerals business. The Board is very grateful to Jacob and for
his ongoing support and wishes him well in his future endeavours.”

Commenting on Adam’s appointment, Mr Moller said, “Adam has a long term
understanding of MRC’s assets and has built positive, wide ranging relationships with staff,
customers, suppliers, shareholders and regulators. He brings strong business acumen
and will continue to deliver the Strategic Plan for shareholders.

Exciting times lie ahead for MRC. The heavy minerals business will seek to grow
profitability through the introduction of pending production from the Inland Strands,
additional production from the fully funded third primary concentration circuit and
transition into higher value finished products from mineral separation plants. The battery
minerals business will seek to grow its asset valuation through accelerated Munglinup
development with a FID targeted for Q2 2023, seeking additional funding to support pilot
plant construction for downstream graphitic anode qualification and increasing graphite
resources.”

There appears to be a number of catalysts for share price appreciation, although we still have Mr Caruso's selling which will delay this progress,

Do you know why Mr Caruso still hasn't provided his change of substantial shareholder notice to the ASX? We all know he didn't take part in the capital raising, do you think the updated notice will show he was selling during the CR period and that is the reason why he hasn't provided the information required?