MRC 0.00% 2.7¢ mineral commodities ltd

Ann: Quarterly Activities Report, page-167

  1. 15,920 Posts.
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    Only two and half weeks left in the September QTR. This leaves very little time for MRC to complete the commissioning of the inland strands processing circuit and provide an update with Mitsubishi (supply agreement/collaboration agreement) and the FID on the anode business.

    I will be very disappointed if MRC doesn't provide an update on both of these in the coming weeks.

    It will also be interesting to see if we receive some of the early drill results from De Punt.

    From a share trading perspective, apart from our 3 days where we have ~400k shares traded each day, and the sell down to low 7's the following week based on a 200k sell order, it appears the selling pressure has dried up along with the commentary from @FjordInvest and @1MarcusAurelius.



 
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