MRQ 12.5% 0.5¢ mrg metals limited

MRQ - chart thread !, page-1109

  1. 2ic
    5,833 Posts.
    lightbulb Created with Sketch. 4828
    @Dom2007
    Read the final metallurgical report from IHG Robbins to see what minerals really go where during the speration, upgrade and final product processes.
    https://www.asx.com.au/asxpdf/20200826/pdf/44lxdd4tssmx90.pdf

    Ilmenite concentrate from the CUP comprises 44.3% of the HMC (close enough to your Ilm + Leuc average)

    https://hotcopper.com.au/data/attachments/2604/2604124-d8dc3d3872bc49f1ad1834e4e139a6a1.jpg

    Then reduce that figure to 82.8% reflecting losses in the Ilmenite Upgrade Process
    https://hotcopper.com.au/data/attachments/2604/2604120-a114faee12165e8471ad3a6310be1bf0.jpg
    Then reduce figure again to 82.8% reflecting losses in the Ilmenite Roast Process
    https://hotcopper.com.au/data/attachments/2604/2604152-0c82a15ab8878884f9a360a456ae151b.jpg
    32.7% ilm is recovered from 44.3% of HMC reporting to the Ilm concentrate. This is shizen housen, as is the rutile, the zircon not much better and the leucoxene is roughly 1/3 to ilm con, 1/3 to non-mag and 1/3 lost. The real ilmenite content as produced is hidden away behind the details few know to look for, because... well, that's pretty obvious I think..

    Please let me know if you can find a mine with a lower value assemblage...


 
watchlist Created with Sketch. Add MRQ (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(12.5%)
Mkt cap ! $10.10M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $32.36K 6.472M

Buyers (Bids)

No. Vol. Price($)
24 37245374 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 12623282 15
View Market Depth
Last trade - 10.04am 08/07/2024 (20 minute delay) ?
MRQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.