MQR 0.00% 1.6¢ marquee resources limited

.... there are differences though.LRV has a market cap of $125M-...

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  1. 1,540 Posts.
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    .... there are differences though.

    LRV has a market cap of $125M
    - Hillgrove Antimony/Gold project (could grow more, they are still exploring the resource)
    > Requires $80M capex, and has a LOM post tax NPV of $157M (i.e. what it is worth to the bank). Looks fairly valued, especially if you discount for risk.

    https://mining.com.au/diggers-larvotto-lauds-low-cost-high-margin-hillgrove-project

    MQR has a market cap of $7M (18 times cheaper):
    - Mt Clements Antomony/Gold project (could end up bigger than Hillgrove, they are also still exploring the resource with 800m structure untested)
    - Sardinia Gold project
    - West Spargoville joint venture Lithium project with Minres
    - Yindi Lithium/Gold project
    - Redlings Rare Earths project (results due)
    - Some USA projects that are worth a few $M

    So Matt777 don't knock it, both can be good. Sometimes you gotta get in when cheap to get the gains (like hopefully you did when LRV was cheap).

    Once it's not cheap, it can still be good, but don't expect crazy gains.
 
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