MRC mineral commodities ltd

Good Morning Sirrobbo,The other day you advised the...

  1. 16,776 Posts.
    lightbulb Created with Sketch. 7095
    Good Morning Sirrobbo,

    The other day you advised the Institutional investors have a longer term view. they normally build up their holding before retail investors get onboard.

    Did you notice that 71% of MRC is controlled by 6 investors?
    Its a significant amount, and when you consider the largest shareholder has already invested $5mil into this CR it does build confidence in the project and the path the company is headed, BTW he also has a director appointed to the board, which would know full well the status of what is happening with the inland strands.

    As I keep saying, No retail investors are interested in MRC, the daily volume and the buy depth are always lean, I am looking forward to Scott finding some new investors as part of this CR or for thim to get out marketing the company to get retail investors interested in this stock.

    2 operating mines with a MC of only $26mil, you see hype based companies who are yet to mine 1kg of graphite or Mineral sands with MC closer to $100mil. MRC will head back in that direction once they resolve the final issues of the inland strands. Which is funded by its offtake partners US$10mil investment.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.