100% agree with you they should sell it. They are not getting able to get the value out of it that could be had. A couple of times now the company has tried to find a way to move this thing up the value chain - to no success. On top of that, we've just taken on a new CEO who brings ZERO experience relevant to moving a graphite mine company upstream into an anode/anode pre-cursor production company. Says to me already the company has given up on it and should just move back to their core assets. They should look at selling to/JV'ing with someone like Talga who is also an Australian company, with a graphite mine in a Scandinavian country, with an MoU with Freyr just down the road(ish) in Norway, and they are about 10 years ahead in the process of value-adding graphite to produce anode for electric vehicles. Currently for MRC this thing is just a distraction.
MRC Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
