MRQ 0.00% 0.3¢ mrg metals limited

Ann: Independent Expert's Report, page-13

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  1. 2,192 Posts.
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    Mineral Sands train continues...

    STA up 19%.

    Just announced possible US$26 million finance facility for Tanzanian mineral sands project at 21.7mt @ 2.8 THM.

    Chief Geo (Mr B.Cummins) and Exploration manager (Dr M.Alvin) of STA will be major holders of MRQ (4mill MC) after shareholder vote Jan 8.

    Leapfrog model suggests the two tenements MRQ will acquire contain 1.9B (Billion)[email protected]% at a 4% THM cut off.

    Mineral sands is a consumer driven commodity.

    Dominic Barton ex McKinsey CEO stating 3billion middle class consumers -"unprecedented in human history" - by 2030 - will turbocharge demand for goods. (Stanford University video).
 
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