Ann: Quarterly Activities Report, page-122

Hi @FjordInvest

It's good to see you are back on HC, Did you have a chance to review the prices I provided above,

Or are you only willing to discuss negative aspects of MRC to cast more doubt about the management and its growth into the inland strands,

The following post of mine might be helpful for you. It would be nice to know the inland strands specifications, @Peppie has indicated the mineralisation is finer, which might see MRC being able to target the higher value garnet market. US$400 per tonne will be significantly better than the US$130 MRC is seeing,



I would like to see MRC improving the value of the ilmenite, rutile and Zircon products as well, I think we are seeing a price around US$130 per tonne for ilmenite where other companies are seeing prices of US$400 per tonne FOB ex Australian ports. For our rutile and zircon products, I think we see around US$870 per tonne whereas other companies are seeing US$1400+ per tonne.

You should see the annual forecast revenues based on these higher prices.