@Hokusai i have accumulated a large MRQOB position and the news of JV with Singapore based Apollo over the Pulchera project is exactly what i wanted to hear. I entered and have accumulated my position here purely on the back of the mineral sands acquisition as it has the potential to be a major company making project. Right place amongst the big players in the mineral sands area and right time with mineral sands prices rising and the sector getting the attention with the big players stock prices hitting highs and media attention around the sector. All adds up to MRQ having a major re rate on the back of the acquisition once finalised and developments on the project start. With them divesting other assets it will allow them to focus on the mineral sands project once finalised.
MRQ Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held