MEU marmota limited
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Ann: High-Grade Muckanippie Titanium Heavy Mineral Test Work, page-5

  1. GKeden
    7,148 Posts.
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    16/12/24
    09:21
    Post #: 77062137
    Hello. Allow me to offer my own personal comparison. What is important is not the grade of titanium or the grade of iron but the ratio of titanium vs iron. My reading of the information below finds the impression MEU is around 1 part titanium to 1 part iron. This actually makes the iron content very high compared to PTR. PTR have announced 65% titanium vs 22% iron. PTR is 1 part iron to 3 parts titanium. This is consistent with the PTR theory that PTR have a sediment basin where the iron as been leached out of the sands. The sands/sediments eroded from the harder rock or higher ground areas (near where MEU is). Today's MEU announcement to me is no much different to the previous.

    MEU have announced:

    https://hotcopper.com.au/data/attachments/6678/6678694-ea58db64d2b2fe71e5db487444edaabf.jpg
    https://hotcopper.com.au/data/attachments/6678/6678698-ccd1af2c74c94ceb16ba787f59701460.jpg
    PTR have announced:
    https://hotcopper.com.au/data/attachments/6678/6678720-3e17aaf1000c26002c44ff9f0a42458b.jpg

    Last edited by GKeden: 16/12/24
    MEU Price at posting: 3.8¢ Sentiment: None Disclosure: Not Held
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