They could have easily raised it elsewhere it is good to see them take care of the holders...
The focus is Graphite and Graphene; obviously integrating both while keeping the Capex and Opex drastically low in my opinion. Good Margins...
At some point a rerate is coming in my opinion. Also more Flakers and Long-termers. The last business announcements of course are strong competence indicators in my books and this just says we are serious about production and getting our hands dirty...
This excites me because it is great Management and means Production is drawing closer.
MRL Corporation is accelerating and has more then enough buyers world wide for their product and the product supply chain is ever growing at a ridiculous pace of investment and development.
I also think this news suggests more news to come in my opinion...
Kind Regards
DYOR !!!
MRF Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held