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33.3%

0.1¢ mrg metals limited

Ann: MRG HMS - Due Diligence Extension, page-7

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roblun

5,119 Posts.

2099

02/01/24

20:58

Post #: 71699542
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Originally posted by ChasingProfits: ↑

Agreed, this is a very good sign. Once the metallurgical analysis is closed off and proven as per historical company guidance then expect this joint venture to be a done deal in my opinion, all of the other due diligence points appear to have been adequately addressed and closed off. I took a starters position here today as it is clearly an unloved and beaten down stock, which by the way are my favourite type of stocks to invest in. For a market cap of circa 5 million and all the projects here, not to mention the NPV associated with the corridor sands project, it was too enticing to pass up. The risk versus reward proposition is too great for me not to have some skin in the game here. Looking forward to a great 2024 as a shareholder. Cheers, CP.

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Welcome aboard CP, I had the same thoughts mid last year and invested, they also picked some handy projects just recently in Western Australia.

Cheers

Regards

Rob

MRQ Price at posting: 0.2¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 0.1¢		Change -0.001(33.3%)		Mkt cap ! $2.525M

Open	High	Low	Value	Volume
0.2¢	0.2¢	0.1¢	$1.5K	1M

Buyers (Bids)

No.	Vol.	Price($)
43	124514470	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	66086821	36

View Market Depth

No.	Vol.	Price($)
43	124514470	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	66086821	36
0.003	37995811	26
0.004	18047631	18
0.005	7069417	7
0.006	3156683	4

Last trade - 14.33pm 03/06/2024 (20 minute delay)

MRQ (ASX) Chart