Totally agree with that last post nasa, (and like unawares, I much prefer the shorter, one or two points per post).
As the MRF story gets picked up by more and more by the mainstream, the re-rating will continue until a more sensible market cap is reached. I would rather see a more steady increase with no wild spikes, but a major announcement about:
-licence for Pandeniya
-off-take agreement
-first production
-first significant order/shipment
-more tenements
-update on drilling that identifies more mines to reopen
-plans for production of grapheme
etc, etc, .....
might just produce a break to a share price that recognises the pre-eminent position that MRF now seems to hold in relation to production of high purity crystalline spherical graphite and production of low cost graphene.
MRF Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held