HighlightsCentral lime project PNG fully funded to production US...

Highlights

Central lime project PNG fully funded to production US $155 million

400 million tonne resource high grade lime

100 year mine life

offtakes announced ??

contractors announced??

competitive finance deal with
27 month interest grace period tick ✅

project 18 month build time

Months away from early cash flows from raw high grade limestones $8-10 per ton once wharf can take larger boats

extra cash paid to MRL from early wharf works

numbers - MRL’s share

phase 1 $19 million EBITDA per year

phase 2 adding extra kilns $38 million EBITDA per year

then the company will move onto the Cement business

where should the share price land currently $62 million with $10 million cash on hand


sitting on sand project
and looking to start a Carbon capture project $$$

only way is up imo

GLTAH