While you are waiting for the full report ...........from today's TheBull..... Warwick Grigor, Far East Capital BUY RECOMMENDATIONS MRL Corporation (MRF) Chart: Share price over the year
In Sri Lanka, MRF is fast approaching commercial mining of the highest grade graphite deposits in the world. With run of mine grades expected to be around 95 per cent, it will offer a premium product that can also be used for higher applications and for conversion to graphene in a low cost, one step process. In our view, there’s no risk of oversupply from this type of graphite, unlike graphite from the bulk, large flake African projects. The shares finished at 6.4 cents on August 20.
