Hi Gammat,
As you would know the liquidity has been poor while MRC has had its issues,
It still has resulted in around 3mil shares being traded per month, the 30 mil shares would take 10 months based on no improvement with the liquidity.
You also fail to understand the news flow which will increase the liquidity.
Tormin
Tormin returning to profitability,
Tormin expanding its production by 50%
Tormin moving to produce finished products.
MunglinupEPA approval (final regulatory approval)MRC moving to 90% ownership
Possible increase to 100%
Skaland40-50% Increased production (CAPEX 600k)
Battery Anode developments 2 different methods.
Offtakes or MOU developments with Mitsubishi Chemicals, FREYR and Traxys
You should read MRC's 5 year plan, you might start working out why MRC's largest shareholders continue to increase their holdings or are willing to help fund the company when required. If you are after quick dollars, go and invest at the casino, if you are looking for long term gains you need to read announcements and research the companies projects and who the shareholders are.
- Forums
- ASX - By Stock
- MRC
- Ann: MRC notice to increase interest in Munglinup Project to 90%
Ann: MRC notice to increase interest in Munglinup Project to 90%, page-26
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