Crownjewels,
Great post! There is a perception that MRQ is done after these 82 holes (Assays).
As your post has alluded to there is months and months of exploration and results to come. Not sure where it comes from.
I agree with you and i am still bullish that we can get possibly 100MT-200MT >6%->7% THM across Koko Massava, Poiombo, Nhacuste and Linhuane.
Look at TSL as a peer compariosn and another HMS play. They announced and quoted below.
"Resources for the Mannar Island Project now stand at a total of 90.03Mt at 6.60% Total Heavy Mineral of which 57.68Mt at 6.06%THM is on tenure already held by the Company and 32.35Mt at 7.56%THM is on tenure to be acquired subject to shareholder approval".
They have a market cap of approx 30 million at present.
Also looking forward to the roadshow!
$10 Million M/C for this?? RE RATE COMING, page-4
Add MRQ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $10.10M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $29.26K | 6.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 44618611 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 11214907 | 17 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| MRQ (ASX) Chart |