To be fair, I think we have to remember MRF will have high quality graphite to sell and there is a market for that. Heraclitus as you mentioned scandium is also a product in development yet the market is limited at this stage. I think that is a good comparison. But bear in mind there are investors ready to take a punt with their money on companies like MLM etc even when they are no where near mining nor buy/sell stages.
amok
MRF Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held