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20.5¢ minotaur exploration ltd

Ann: ADN: Great White Kaolin Project Update, page-12

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Paydirt7

1,272 Posts.

466

26/01/21

10:38

Post #: 50444967
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Originally posted by Ashentegra: ↑

$20 a kg, 21? I made it up.

An additive that makes concrete stronger is valuable to structural engineers. They won't mind paying - $20 a kg is a bargain.

If the JV pockets half that, we are selling for $10,000 a ton.

For a business with a shallow open cut mine and simple processing the value-add is mind boggling. And as JM keeps saying, no-one else has a resource with these properties.

Add the leverage of the price mis-match of ADN and MEP and we are looking at some serious, serious dough here.

Do you have enough MEP?

Ash

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Quote " Do you have enough MEP" ??

Well I thought I did but might have to add another mil.

The possibilities with this stock are mind boggling. Thanx Ash for your input.

MEP Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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