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2,109 Posts.
45
14/05/15
23:29
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well it's early days – no jorc yet, but much historic workings in their tenements – not greenfield
Unlike many junior explorers MRF have a good website, http://www.mrltd.com.au/
"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"
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