MRC 4.76% 2.0¢ mineral commodities ltd

Good Morning Whatsa, We should see a return to profitability in...

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    Good Morning Whatsa,

    We should see a return to profitability in 3-4 months time if everything goes to plan, MRC likely annual production will be double 2022 with a similar operating costs.

    I would be more than happy if every dollar of profit went back into Tormin, resource expansion and further plant upgrades as the future earnings from this investment will help fund the graphite business expansion and development. Who knows Dividends might be a consideration for next year if the production rates are as high as the PFS forecast. Do you know what MRC's highest production of HMC has ever been?

    Its a pretty exciting time for us. We only have one lonely bloke kicking around the other two must understand how transformational the recommencement of the inland strands processing is to all investors.


 
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