1MC 3.23% 3.0¢ morella corporation limited

rare earths play, page-3

  1. 2,925 Posts.
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    Lithium I would think would be low priority in the development timetable (if ever) and uranium wont be quick either..
    First cab off the rank will be the garnets.95% of the way there including the appointment of a manager and 20 years mining ahead of us.

    Next i would imagine is Fe .I assume we would just truck to port DSO.Very quick to get going.
    Must say I would be more than happy to take $50/tn on our 900 000 tns pa.Would earn a margin about 10c/share on a diluted basis.

    Following this would be Indonesian coal-Anybody got a guess on the revenues here.
    Thereafter come the lithium,uranium and base metals.
    Who knows we may even get a tin project going.
    Couple of them were closed down in our NT prospects early e 20ieth century and I dont know that they have been looked at again.
 
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