MRD 0.00% 0.1¢ mount ridley mines limited

Ann: Application for quotation of securities - MRD, page-15

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  1. 25 Posts.
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    OD6 is interesting, if you've watched their MD/CEO's interview Samso, Noel asks him what will make the mine economical.

    https://youtu.be/20pdVgmDZoE?t=442

    He answers that an average REE grade of 1000ppm and at least 20% of that to be Magnet REO will make it economical.

    With that number in mind, have a look at one of the recent announcements (6th of October) of MRD's assay results:

    https://hotcopper.com.au/data/attachments/4856/4856061-b33b92bba0e7804534eb273be69f3efc.jpg

    Here's page 9 with the break down of the Magnet REO.
    https://hotcopper.com.au/data/attachments/4856/4856072-eb8c0040fdaed3f6f7848aad0b4df55c.jpg


 
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