MRC
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0.00% 2.7¢ mineral commodities ltd

The company is well within its rights to notify the relevant...

  1. spid81
    15,923 Posts.
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    12/06/22
    16:37
    Post #: 61965493
    The company is well within its rights to notify the relevant government authority that they are running at a loss due to the delays with the approvals process of the inland strand, and will cease operations until such time as the inland strand is approved to recommence operations. Which is what I am suggesting.



    Hi Neveille. MRC is fully approved to mine the inland strands, the issue has been processing the finer mineral sands (lower recovery). MRC expects to recommence processing this mineralisation during the next QTR.


    MRC Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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