Right now they must be working towards many different targets from Testing to Science to Licenses to Partnerships to Off-take to Infrastructure to Compliance.
I think you are right Patience is the Key here...
Many many contracts are coming up and it is logical that the Management not miss-step here by rushing. They hold the Cookie and should expect Premium Prices for their Dirt.
Good thing for them it is a Global Market-place.
The point about Carbon Fiber and Graphene and Cars is right over the Target. Nations like China; Japan; America and Germany are gong after this massive change over and it will save millions of lives every year world wide.
I am looking forwards to the Graphene Chip Revolution myself...
Silicon chips are everywhere; Graphene Chips will make robots everywhere.
For instance Driver-less Cars are racing towards us (PUN intended) and to deal with the Randomness of life Silicon just doesn't cut it. Graphene Chips are many orders faster....
Also after Heart Disease and Cancer the biggest case of death in America is Hospital and Doctor related in America. I would take a Robot Doctor any day then some Doctor coming off a 16 hour shift looking at my charts!
Graphene is going to change sporting goods forever and so many other aspects of life.
Desalinization is a huge one for the Drought-Stricken Australian Farmers. Imagine cheaply being able to create fresh water from seawater and converting barren land into gardens and farms!
ORE into GRAPHENE in 1 STEP is very significant for many reasons. In more immediate terms as a Investment Driver it will continue to gather the Long-termers like a Flower attacks Bees.
I think Sri Lanka will once again take up its World Leader Graphite Status that has for so long been asleep.
September and November are going to be very exciting.
Can MRF snag more Dormant Mines?
Can MRF snag a Graphene Facility?
Can MRF attract the right Partners? China? America?
MRL Corporation on track for graphite production in September quarter
MRL Corporation (ASX: MRF) is on track to start production from its Aluketiya graphite project in Sri Lanka in the September quarter 2015 after drilling returned assays of up to 99.3% total graphitic carbon.
Rehabilitation and construction work on two historic shafts at Aluketiya is set to start in March and will take about two months to complete.
Last week, the company noted that metallurgical test work has shown that Aluketiya graphite exceeds the grades required for use in lithium batteries.
Sri Lanka is famed for being the only commercial producer of crystalline vein graphite and is among the highest quality of naturally occurring material in the world.
Typical high-grade Sri Lankan graphite achieves a greater recovery rate than most disseminated flake graphite deposits due to its reduced physical processing requirement and much higher starting TGC purity.
Six holes were drilled at the project with the majority returning assays above 90%TGC.
MRL Corporation is on track to receive early cash flow from its Aluketiya Graphite Project with the company targeting a September quarter start to production.
Drilling at Aluketiya has returned assays of up to 99.3%TGC, while testwork has confirmed the graphite exceeds the grades required for use in lithium ion battery anodes.
Aluketiya will be an underground mining operation to extract high-grade, crystalline vein graphite, the purest form of graphite with TGC grades typically >90% TGC.
This focus is expected to drastically lowers capex and opex. It also grants MRL the potential to sell run of mine.
