Good Morning Sirrobbo,You did warn investors about EGR, let's...

Good Morning Sirrobbo,

You did warn investors about EGR, let's review how that worked out.





The Chart is a Weekly chart, which shows the time of your post, as you can see you were talking down the merits of investing in EGR at 6.6 cents, yet it managed to increase value, at its peak the SP increased by 1500% (within 9 months) but it sustained a 600+ gain for well over 1-2 years. Plenty of time to lock in shareholder gains during this period. Even with their dire SP performance recently, investors would have seen a 100% gain.

I am not saying that MRC will see the same gains as EGR, but it does show that your research skills are not there when it comes to investing, your attack on EGR was personal as it is with MRC.

MRC certainly has its issues at Tormin, but they have been able to produce high-quality graphite at Munglinup and at Skaland, where they have attracted the interest of Mitsubishi Chemicals and FREYR. Have you read the section of the announcement that suggested that Gold Terrence could be paid out earlier if part of the project is sold to a third party? Could it be one of these companies could farm a JV with MRC for the development of Munglinup and its downstream business?

Anyway, It will be interesting to read the QTR report in 4 weeks to see if they have finally fixed the issues at Tormin or if the issues are larger than management's ability to resolve, Selling the project to GMA Garnet would make sense if they are still struggling with recovery and production.