Just follow the smart money Nasa. The news is out. MRF is hard to analyse due to not being able to estimate the resource. For the moment the FA is hard to ascertain as we know MRF has the good stuff and it cheap to extract but we do not know how much to be precise. Hence at the moment investment is difficult based on intrinsic value wheras TON and other stocks with resource definition can give an analyst with expertise in graphite analysis can place a valuation. For the moment its follow the SP as the big boys will move it as they please. thats why as a trader i am willing to be patient than get caught with my zip catching my u know what. However if the green light is in we are all i hehe.
MRF Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held
