MRF 3.17% 6.1¢ mrl corporation ltd

That sounds more reasonable, still very good return. Another...

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  1. 2,151 Posts.
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    That sounds more reasonable, still very good return.

    Another thing worth taking into account is not all graphene is the same. I'd assume vein's prefect structure and raw ore purity would command a premium price to Talga's ~20% Tgc ore, but we shall see.

    Then we can be a bit less conservative with numbers, say 500 tonnes of graphene per year at $50,000 per tonne gives $25,000,00 per year revenue.

    No matter which way you calculate it, it seems MRF's current market cap is a bargain taking into account near term production.

    And we should receive a mining license this month too.
 
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