Reckon you're on the money @flyboy77 .
Looking more likely a sale on the cards with Mandalay needing cash. Mandalay has not the
plant to deal with this ore Boliden has.
$20-25 mill would be a good figure.
The JV in Queensland is running soon with
AU looking at further JV's on WA assets.
Mineral sands look brilliant with Chinese spending big on associated infrastructure with Rio involved in JV just south of the corridor.
DYOR etc
GL
Cheers
MRQ Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held