HELLO.
Excellent numbers from MEU. Particularly like the consistency of high Valuable HM in ALL holes. Then you add that the HM % are so much higher than everyone else is getting, including all the projects in production in Oz, and it is obvious that these numbers are economic.
The nonsense posted by GKEDEN continues unabated ... particularly when you consider that almost all the world's titanium comes form ilmenite, including the deposits in Ukraine that are so coveted by the US ... and that pseudorutile and leuxcoexene are also just ilmenite (just a bit more weathered). Basically, everything is ilmenite, just in different grades of TiO2.
But to me, the most fun is that this announcement caps off an astonishing 0 out of 5 for GKEDEN who has now gotten EVERYTHING wrong re his MEU postings. In terms of grades: he scores 100% PURE perfect wrong. There is a nice thread about his failure rate:
https://hotcopper.com.au/threads/company-announcements-on-asx.8434335/page-3?post_id=77745347FIrst,
GKEDEN posted that MEU's discovery was up in the hills and that PTR was in a basin! Have you seen the pics of MEU's discovery holes? It's mostly flat as a pancake. And at exactly the same latitude and same RL as MEU discovery. But gkeden says MEU is in the hills and PTR is in a basin. The pics and facts didn't stop him.
Then,
GKEDEN said MEU's discovery was not a mineral sands discovery, but that it was weathered rock up in those hills. Imagine his shock when MEU produced bonanza HM grades in mineral sands: from a lab. Didn't stop him.
Then, GKEDEN posted what he claimed MEU's titanium resource was ... which must be one of the most absurd posts I have ever seen on hotcopper, when MEU only had 4 discovery holes ... with no idea of how far it extended to the east, west or anywhere else. then MEU found 100% VALUABLE HM (high value leucoxene) on the next tenement and HM sands to the west. That didn't stop him.
Then GKEDEN posted that MEU will have no rutile or pseudorutile. WRONG again. Just wrong on EVERYTHING. And as you can see above, that doesn't stop him either.
Know it all got everything wrong. Score: 0 out of 5. So much confidence, and so so wrong. Still, it's kinda fun to watch. And as he is proven wrong, time and time again, he moves the goal posts. Now he says that the highest HM% deposit that I have yet seen in Oz (with outstanding mineral assemblage) is not economic. lol. So I suppose all the others in production and worth hundreds of millions, with a fraction of the HM grades are not economic either. Try again GKEDEN.
