The MoU with IMAGINE is a huge step for MRL. With the mining...

The MoU with IMAGINE is a huge step for MRL.

With the mining licence expected anytime soon, and all the preparations for production well under way, the decisions around finding the best use for high purity SL vein graphite, and the possibilities around graphene production (in-house or JV, etc), needs lots of smart thinking.

The choice of Far Eastern Capital as corporate advisor was a master stroke.

Warwick Grigor's connection to IMAGINE Intelligent Materials is no coincidence. This relatively new company is almost entirely focussed on the commercialisation of graphene.

At this early stage of both MRL and the commercialisation of graphene, IMAGINE will be heavily focussed on this project, wanting to demonstrate it's ability to get results - a win-win for both organisations.

From the information on their website, the personnel involved look very well qualified.

The timing of early stage production alongside the rapidly developing introduction into graphene commercialisation makes for exciting times ahead.

A big positive is the cash generative options of the high purity graphite as the graphene business is developed. (And of course the low capex and low opex the bear has pointed out)

Yes, exciting times ahead.