Hi Beach,
There MC should be significantly higher, they already have fully operating graphite mine and a fully operating mineral sands project, Ironwang pretty much had it right why the MC is so low, The ExCEO (a substantial shareholder) was terminated. he had been selling down his holding from 40c to 10c
MRC's Skaland/ mineral resource and TGC are slightly higher than you claimed. Which will most likely grow higher once the additional drilling is completed.
Trælen Mineral Resources increased to 1.84 million tonnes at 23.6% Total Graphitic Carbon ("TGC"), containing 434 kt of contained graphite.
Mineralisation remains open down-dip and the next phase of drilling will commence in Q1-2022 to support production expansion as part of a downstream strategy
One last point, Based on their PFS, they are trading at a fraction of their future NPV for the AAM
www.mineralcommodities.com%2Fwp-content%2Fuploads%2F2020%2F09%2FPFS-for-Active-Anode-Plant-in-Norway.pdf&clen=5318627&chunk=true
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Last
40.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $181.8M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 38.5¢ | $565.8K | 1.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 232330 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 199999 | 1 |
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| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| TLG (ASX) Chart |