News flow will knock you out. Does MRC have an investor relations? Where is Peter fox? Is he now full time graphite with a loss making negative npv asset?
management spin wheels, cost more then Rio Tinto, no dividends anymore, board not employing anyone new with any relevant mining experience…
burnt tens of millions last year operating 2 mines with no dividends either and limited cash in the bank. Raised money to complete works and studies but no confirmation that these works been completed. IMO another raise coming at 10c to complete those items.
nothing like raising funds for the same thing multiple times.
MRC Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
