MRC 0.00% 2.7¢ mineral commodities ltd

Ann: Recommencement of Operations at Skaland Graphite Mine, page-3

  1. 15,924 Posts.
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    It is great to see the company has restarted mining at Skaland after the breakdown of the drill rig.
    It also appears the forecast loss over the period is on the lower side of the estimate.

    Hopefully, MRC will be able to get the mine back into profitability in the near future to purchase a more modern rig, or if Tormin is back processing the inland strands mineralisation with no more issues, they can buy the newer unit along with other equipment to update other aspects of the Skaland mining fleet.

 
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