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So the 4th stage equipment is confirmed as not having been...

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FjordInvest

262 Posts.

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29/01/22

18:11

Post #: 59214025
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Originally posted by spid81: ↑

Hi Marcus,

If you are searching for Decent Graphite, you won't find anything, you are looking for the wrong company name.

MRC announcement detailed

"The Company plans to demerge its Norwegian Graphite Assets into a separate entity to be newly incorporated in Norway,
branded as Ascent Graphite.".
Here is the webpage.
https://ascentgraphite.com/I wouldn't worry about the QTR report, last year's revenues should be in line with previous years if not slightly lower if they didn't ship the ilmenite as indicated in the September QTR report. You need to look at the future.

MRC is now mining higher grade ore at its minerals sand project, they have either completed the upgrades to the Primary Beach Concentrators or are completing the process, have made improvements for the mining of the inland strands deposit, moved back to 24/7 mining and appear to have resolved many of the issues at Skaland. I am looking forward to the 4th stage cleaning and the polishing unit being installed and the PFS into the expansion to 30ktpa and the downstream processing.

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So the 4th stage equipment is confirmed as not having been installed yet?

MRC Price at posting: 14.5¢ Sentiment: None Disclosure: Held
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