Ann: Quarterly Activities Report, page-12

I am really surprised we have MRC shareholders who prefer to discuss everything else rather than focusing on the stock they are invested in,

We barely have anyone commenting on the previous QTR results, which to my surprise 2022 HY revenues were US$25.8mil vs 2021 HY US$ 22.47mil




At the time of the HYR for 2021 being released, the SP was 15c.

2022 HYR is not fantastic, if the ilmenite concentrate was shipped during June as expected, the revenue would have been US$3-7mil higher.

MRC is starting to turn the corner with Tormin and Skaland, I am looking forward to MRC commencing the processing of the higher value inland strands in ore in the next 1-4 months, this will then allow MRC to suspend mining the beaches to allow for them to naturally replenish.