MEU marmota limited

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Ann: 100 per cent Leucoxene extends MEU Titanium discovery West, page-48

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trousergecko

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25/02/25

01:22

Post #: 78004869
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Originally posted by GKeden: ↑

Hello. If you want to learn about titanium, it is as follows:

1. There is no such thing as a titanium deposit.

2. The types of titanium bearing minerals differ dependent upon their iron content.

3. When the mineral is 90%+ titanium, it is called "rutile".

4. When the mineral is 60% to 90% titanium, it is called "leucoxene" (although sometimes called "pseudo-rutile").

5. When the mineral is 53% to 60% titanium, it is called "chloride ilmenite".

6. When the mineral is 45% to 52% titanium, it is called "sulphate ilmenite".

7. The higher the titanium content, the more valuable.

On 13/11/24, MEU announce titanium of around 5% to 12% and a general assessment of iron content of around 5% to 11%. If this is accurate, for now, I can only guess/assume MEU may have ilmenite.

PTR's most recent announcement is from drilling near MEU. The primary mineral was ilmenite. However this PTR drilling was done in clays rather than in sediments.

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Hello. We're all learning aren't we... Your early posts had a few mistakes... not an expert at that stage?

I am waiting on assays, amazing how much you have to say without assays. MEU is undervalued compared to PTR, you could argue PTR is overvalued? The area looks much larger (at least x3 at this stage) than your earlier predictions... Depends on the assay of HM content and depth.

You should learn to hold with your pronouncements on little inof.

Last edited by trousergecko: 25/02/25

MEU Price at posting: 5.5¢ Sentiment: Buy Disclosure: Held
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