MRF 3.17% 6.1¢ mrl corporation ltd

Step by step Graphite is making waves... SL Vein has not even...

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  1. 5,963 Posts.
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    Step by step Graphite is making waves... SL Vein has not even begun to be recognized. This is a good chance for more assets in my opinion...


    http://www.readcorporate.com.au/files/August 2014/MRL_190814.pdf


    http://investorintel.com/technology...-breakthrough-analysts-laud-one-step-process/


    http://www.smh.com.au/money/investi...round-graphite-investing-20150616-ghp64b.html


    http://www.asx.com.au/asxpdf/20141201/pdf/42v54gy3bz87dh.pdf

    Project Locations

    MRL is acquiring the rights to 45 square kilometers of prime exploration vein graphite licences in Sri Lanka.

    The license areas are situated in the Warakapola (northern), Palinda Nuwara (central) and Hikkaduwa (southern) locations and are highly prospective for vein graphite mineralisation.

    Historically, the shallow underground workings were mined in the early 1900s using basic techniques.

    Operation ceased due to lack of ventilation and pump availability, which resulted in ground water.

    Extensive remnant vein graphite is visible on the surface at all license locations.

    MRL intends to apply for further license areas in the future.

    Why Sri Lanka

    • Sri Lanka is one of the fastest growing economies with a GDP of 8% between 2010 and 2012
    • The Sri Lankan government is promoting foreign private sector investment
    • There is excellent infrastructure and experienced mining labour available
    • The country is English speaking with a high literacy rate of >92%
    • Sri Lanka is run by a democratic government, and is a member of the Commonwealth
    • There is excellent exploration and mining tenure available
    • Subject to Board of Investment approval to mine high grade vein graphite for export, MRL may receive:
    • A tax free holiday period
    • Duty free imports of capital equipment
    • Streamlined repatriation of profits

    ...................................................................................................................................................

    Miners must get down and dirty

    http://www.theaustralian.com.au/bus...t-down-and-dirty/story-fnciihm9-1227476473248

    .......................................................................................................................................


    MRL is looking better and better in my opinion...

    Its Balance Sheet and Value is like a lighthouse in my opinion...


    What do you think?

    http://www.aspecthuntley.com.au/asxdata/20150727/pdf/01643909.pdf




    Kind Regards

    DYOR !!!!
 
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