Amigos, what about MRC (Mineral Commodities)? They have good cash flow from their mineral sands operation (so are paying a dividend of about 6% pa) and have recently announced high grades of graphite in WA (expecting to start mining in about a year). Plus a couple of months ago bought a Norwegian graphite producer (2% of world's output) in an effort to become a Tier 1 graphite company. They recently had a spill motion passed so there seems to be a bit of argy-bargy going on with the big shareholders. Market cap is about $80 million (from memory) and it has not reflected their recent move into graphite. A few mysteries, but a stock which is good enough for me to hold and feel like the best is yet to come.
