Read on Twitter
I thought I would update my comparisons for @mrg_metals #HMS play
$MRQ - MC $13.5m
"Possibly the largest HMS discovery of the last decade. Multi Billion Dollars of contained resource, now emphasis on early mine life mill feed to ensure economics viable through market cycles."
$MRQ - MC $13.5m
"Possibly the largest HMS discovery of the last decade. Multi Billion Dollars of contained resource, now emphasis on early mine life mill feed to ensure economics viable through market cycles."
$TSL - MC $14.1m for a deposit worse than Koko, down from $80m MC as people have realised this in my view, plus some dilution
$TAO - MC $20.3m has 3,000 acres of mineral sand land, this is ~12.14km2. MRQ has 772km2 which is 190,765 acres with another 113km2 to be granted....
$TAO - MC $20.3m has 3,000 acres of mineral sand land, this is ~12.14km2. MRQ has 772km2 which is 190,765 acres with another 113km2 to be granted....
$TAO don't actually own the land either, they own the option to lease or buy the land. If they wanted to buy the land it would cost them over $7mAUD plus "fair market value for the property".
$MRQ own 100% of their tenements.
$MRQ own 100% of their tenements.
$SFX - MC was this morning $110m - more advanced project but sandstone sitting above deposit, has had FIRB problems, but now in the clear, just had $130m investment for 50% of the company approved, will see where the MC ends today, but was up 40+% at one point
$STA - MC $112m - has to truck product ~240km to port, MRQ will have rail line running past deposits to post ~20km away
$BSE - MC $371, good advanced project...
$BSE - MC $371, good advanced project...
