Anticipation

I think the anticipation here is becoming palpable.  The buy side is picking up volume, weak hands are just about out, and price has been drifting north off the recent low for over a month now, with buying being a case of lowball bids soaking up capitulating sellers.  The recent spike in May to an intraday high of 13c saw over 100 million shares traded over just 2 days, this is over half the register!  Getting in at the current price (5.5 - 6c) with first production to start very soon (I'm counting in weeks) and moreover the companies strategy of getting to production and using funds from it to drive further capex/opex seems to be a no brainer. Now we add to this a HOA with Imagine IM, whose MD is none other than Warwick Grigor and we have a great story that is only just unfolding.  I'm doing a little dreaming myself however the last environmental meeting before granting of mining licence was due to happen this month, and MRF can go into production almost immediately after this. So, what is holding the company back? I'd say for the same reason that SYR had to go to the begging table - a lack of off-take agreements.  I'm still very confident that all MRF has to do is produce a few tonnes and the buyers will come.  Time will tell.

PS @nasabear  your recent post about graphene in space really made my day, had a good chuckle over that one