MRQ 0.00% 0.3¢ mrg metals limited

Below is not financial advice and all in my opinion: A whole 1...

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  1. 2,192 Posts.
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    Below is not financial advice and all in my opinion:

    A whole 1 cents. The leverage is incredible - expires Dec 2020.

    If you can sit on them, this is the ultimate contrarian play.

    Minerals sands demand is growing above 3% p.a. Output is declining worldwide - see Iluka presentation -2017.

    This will cost very little to prove up - past WMC holes amounted 1,100 holes - little to no guesswork with hopefully grades surprising on the upside.

    This is an opaque market but at least it has history - unlike the lithium, cobalt and vanadium hopefuls. Skewered to GDP growth which arguably is taking place right now.

    And is part of the world's largest deposit of ilmenite - Corridor Sands.

    Google Corridor Sands as gizzard suggested and be prepared to be blown away.
 
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0.3¢ 0.3¢ 0.3¢ $525 175K

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