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3.17% 6.1¢ mrl corporation ltd

MRL raising to help kickstart Sri Lanka graphite project, page-2

  1. alpaka
    1,006 Posts.
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    07/10/15
    14:19
    Post #: 16130422
    The shortfall from the SPP was around $1million.

    So this raising of $4million reported in The Australian today indicates some new development requiring even more funds.

    "It is understood the raising has already been overbid" - the investors will know what the funds will be used for. They obviously are keen.

    Quite a few possibilities, can't wait til Friday.

    Agree nasa, exciting news coming..........
    MRF Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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