they've been slogging away for a number of years, under difficult conditions ie: getting interest from the investment community.
it doesn't have the same glamor as GOLD & OIL, therefore hasn't really appealed too investors.
still has a few hurdles to overcome in the next few months, but if the cards fall into place then this could be a good investment.
below could really give "NPV" a big kick along.
Trials of another high-margin product, titano-magnetite, for use in coal washing, are planned for the March quarter. Initial trials of the titano-magnetite product are aimed at confirming suitability for use in coal washing. Commercial scale testing will follow. The project is well located to benefit from Queensland’s booming coal industry. Potential sales of 40,000 t/yr would add materially to the project’s Net Present Value.
MOO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
