MRF 3.17% 6.1¢ mrl corporation ltd

I agree with you that a $1 SP is not just going to happen...

  1. 1,003 Posts.
    I agree with you that a $1 SP is not just going to happen overnight.

    I believe that the initial or first sales by MRF will push the SP to 20c and even maybe closer to TLG and nudge 30c,

    The excitement will come once the initial buyers begin to sell their end results and their buyers realize what they can do with it, then the demand will dictate what the SP will do !.

    In all the notes I read about the use of this remarkable resource the one that most impressed me was that it may bring the end of the need for re-enforced steel into concrete slabs, this is huge, think about all the steel manufacturers, this has the potential to change the world, IMO.. think about it, no more steel required in concrete, amazing.

    TLG are leading the way, we now sit back and watch who buys and what they do with it, and hope that their demand grows to the point where we need another supplier or the purest form, say for micro chips or surgical applications.

    Time will tell, but still IMO 3 to 12 months away from any serious SP rise, hope I am wrong ! sooner the better.
 
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