MRF 3.17% 6.1¢ mrl corporation ltd

Ann: Tests Show Very High Graphene Yields, page-32

  1. 3,215 Posts.
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    Don't get me wrong (because I would love to see long term holders of MRF rewarded) but aren't we getting a little ahead of ourselves? I haven't seen any announcements indicating the amount of graphite (or even an approximate) down the holes. There were some initial results way back but there has been very little information since. Clearly, some of the veins found in SL can be extensive but we simply don't have enough information at this juncture to sprout comments about selling a potential 5000 (or 500 for that matter) tonnes per year. Without a viable resource, the company will be lucky to sell 50 tonnes.

    IMO, let's just see what eventuates as far determining an approximate resource AND THEN see if the buyers of graphite and graphene come to the table.

    I hope it all comes to fruition for holders.

    DYOR

    Biggles
 
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