Hi @downsyde ; This is exactly what I was deducing only I would...

Hi @downsyde ;

This is exactly what I was deducing only I would have taken much longer to say the same thing!!!

And perhaps more spacing to make it easy to read!!!

What I like about this Deduction is it uses the facts and what we know of best practices and operates from the assumption that our Strong Management makes smart moves.

I think it is just a smart staggering of Capital that includes as many of people as possible reducing risk and increasing loyalty. I know I found the offer wonderful - They could have just gone straight to the bigger players but they gave everyone a chance.

Every time over the last few years Smurf has made conservative smart plays. At this level like I have said many times it is Management and Structure that is the most important factors we can sink our teeth into to have a competitive assessment of the Value.

As I have calculated personally that Grapheners are worth double Graphiters - I wonder how long for the market to reach a similar conclusion? I see this play as just smart Structuring and Management once again and a racing towards the Graphene Production Facility.

Staggering Capital in line with Production is the Standard for mines of this sort taking advantage of the ability to grow rapidly not needing to JORC and obviously take advantage of the Dormant Mines.

With capital they can consider opening 3 to 5 mines next mostly in part because the OPEX and CAPEX is Drastically Low. Smurf is now in my opinion the Market Leader in Sri Lanka.

Last year I contended they should focus on getting more assets locked in rather then focusing on the Product Supply Chain as the world was running at insane speeds for us. I am deducing that Smurf can Vertically Integrate aggressively because it has reduced its risks dramatically with for example Imagine IM.

Value is so important right now but also is Capital Control and Risk Reduction. Production with both Pan and AL is not even the Middle Game here in my opinion. In Chess the Opening is very important for Two Reasons: King Safety and Development - Management is like King Safety and Development is like Structure; Construction and so on.

Starting Production is just the Middle Game as far as I am concerned. Harnessing the Full Potential of SL Vein and Promoting MRL Corporation to a powerful Piece will win the Game for us.

The world is racing towards Graphene and this revolution is the biggest Materials Change in the History of the World - Ever.

Look at how abundant carbon is !!! Scarcity will be gone forever!

Reaching Profit and Production is great but Promotion is the End Game.


What do I mean by our company Promoting?


I know Promotion seems way off but in my opinion it is closer and faster then we ever could imagine (Pun Intended)


The world is moving faster then ever before and there is no limits to Graphene and with the Conversion rates from SL Vein to Graphene the revolution can begin is earnest in my opinion.

So it is great that MRL Corporation has reached the Middle Game and yes it is due for a re-rate - For me the real Game is watching it convert Advantages into a Promotion.

Of course I could be 100% Wrong!!! DYOR !!!!




Kind Regards

A really really excellent post Downsyde. The Logic is insightful.