MLM 6.06% 3.5¢ metallica minerals limited

Melior starts Production on schedule!!, page-17

  1. 159 Posts.
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       Hilly - I'm  no  Geo  but  as  I  understand  it  the  Goondicum  deposit  is  a  weathered  Gabbro  which  breaks  down  partially  into  fine  clay  particles  whereas  most  mineral  sands  projects  are  within  old  coastal  dunes  where  historical  tidal  and  wave  action  bleach  the  fines. Perhaps  there  is  a  Geo  here  that  can  clarify  further.

      Timesystem - Sorry  but  I  couldn't  make  sense  of  most  of  your  rant  however  the  supply/demand  dynamics  are  important  because  the  payment  for  the  Goondicum  Ilmenite  is  based  on  "current  traded  market  price of  ilmenite  imported  into  China" Here's  the  link  to  Meliors  Announcement    http://www.meliorresources.com/wp-content/uploads/2018/04/Announcement-of-Debt-Facility-and-Offtake-Agreement.pdf
    .......................and  try  and  keep  it  civil  or  take  your  own  advice  thanks  Champ

    Cheers - Surfydad
 
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