MRC
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4.76% 2.0¢ mineral commodities ltd

Hi Croc.great attempt to mislead investors.the inconsistencies...

  1. spid81
    15,717 Posts.
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    15/11/23
    13:59
    Post #: 70915960
    Hi Croc.

    great attempt to mislead investors.

    the inconsistencies is related to the mineral sands project, heavy metals - Garnet, ilmenite, rutile and zircon.

    the beach mineralisation has little to no slimes as the material is mined from a beach, that naturally replenishes by tidal action.

    The inland strands has fines and slimes contained with the heavy metals. This is the ore type that needs better spiral classifiers to be installed to help with removing the problem material.

    BTW, there are no issues on the graphite side of the business,.they have a MOU with Mitsubishi Chemicals and FREYR.
    Mining has recommenced after the drill rig failed.
    MRC Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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