MRD

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kdaly

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23/01/24

12:56

Post #: 72020867
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Originally posted by aceagles: ↑

How many of those are so close to all the necessary infrastructure and have a major shipping port less than an hour down the road or the size, scope and continual high grades that MRD have,
I’m under no illusions nor am I deliberately or otherwise misleading anyone I’ve always maintained there are still significant hurdles to overcome but I do know that David believes and has repeatedly said publicly and privately that he is confident if the grades are high enough and if it’s relatively easily and efficiently extractable that all those obstacles will be overcome.
Also three years is nothing they’re trying to develop and get a major mining operation off the ground from scratch I’ve never proclaimed to be an expert but I can read reports and I pay to what the people with actual expertise say and listen to what major professional investors who have skin in the game say and all them agree the company has never been placed to succeed as do I but they also say as I have I that the metallurgy will be the key.
So we just have to wait for the metallurgy to prove David & co. correct or not as when you cut through all the other bullshit you and others spew forth if the resource is relatively easily and efficiently extractable and processed then the costs and all the other factors should take care of themselves.
Then you will have all three major ingredients, a sufficiently high average grade, an absolutely massive and ever growing size of the resource and metallurgy data that proves east of extractability and processing which in conjunction with immediate proximity to virtually all of the necessary major transport and shipping infrastructure will also have a significant influence on the costs involved and should prove that the project’s economics are indeed viable and sustainable.
So with all that in mind I prefer to listen to listen to people I know who actually do have considerable knowledge in those areas rather than someone proclaiming to be an “expert” online and if you don’t like my cautious optimism well too f*ing bad.

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What major investors?

clueless

high grade?

3 years to work out if the REE is extractable is a long time.

We are not talking about funding and permitting and construction etc.

clue less

you are the biggest red flag for this stock

MRD Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
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