Who is going to take out a company with 10% grade manganese ore?
This is considered waste ore. You have to be joking about dreaming about "Jupiter Mines, Mineral Resources, OM Holdings, S32 etc etc)" being interested.
Jupiter has a 100 years of manganese ore at 34%, OM Holdings cuts off at 15% and the rest is waste. S32, GEMCO is high grade at 45.5%.
Anybody can beneficiate manganese ore, but it comes at a cost. Why would anybody bother, its like mining 20% iron ore?
Ann: PFS Highlights Robust, Short Lead Time Start-up Opportunity, page-185
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