There was no information in my post. I was having a dig at your over-inflated, vague or just untrue comments and hints about this stock.
If you want some information - here's something I found. The main article is behind a paywall, but the headline and opening sentences, convey some of the message:
less than rosy news
You seem to specialise in posting long list of questions, but provide few if any answers to them. Here's a list of questions for you:
- Why are MRF rushing into production at Aluketiya?
- Why is there no hint that they have even carried out a basic Scoping Study?
- How deep will the mine be?
- Thickness of veins that will be mined?
- Orientation of ore?
- Will they define JORC compliant resource/reserve figures before going into production?
- How many tonnes do they expect to produce?
- Who will buy the graphite?
- Who will buy the graphite if they don't have a defined/auditable resource-reserve base?
- Why don't they complete Table 1 correctly on their releases?
etc. etc.
IMO the only thing that will drive up MRF's price is if they hit vein(s) with a true thickness of >1m and good continuity in any of their drilling. Rushing into production too early is either a sign of supreme confidence in what's in the ground (evidence??) or a sign of extreme risk taking (with your money, investors). Perth mining industry spiv's playing roulette with others' money or canny operators surfing a wave of massive potential?
I thought of you Nasabear when I read this quote:
“And those who were seen dancing were thought to be insane by those who could not hear the music."
- Friedrich Nietzsche
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