MRQ MC 4.5 million
got a few hundred thousand cash in the bank and drill rig will be mobilised in the middle of this month
to drill their HM prospects in Mozambique. The General Manager has extensive local experience in this industry.
they might or might not raise before drilling IMO. I'd say they might
hunting in elephant country and the Chinese are pumping 500 million into infrastructure in the area.
Previous drilling found mineralisation in every hole, Zircon and Rutile in the mix.
Minnow with top management surrounded by world class deposits.
Chart set up looks nice as well, breaking out of a long base.
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