Below is my opinion and not financial advice:
Just announced this morning, Rio Tinto have announced a near $500million investment in a new mine known as Zulti South at Richards Bay, South Africa.
Jean Sebastian Jacques describes mineral sands as a market where the long term fundamentals are strong with a widening supply gap.
IMA, ILU, RIO and BSE will make huge profits this year.
MRQ is incredibly cheap by this measure with no debt, drilling as we speak and with Tier One style tenements in Mozambique aiming at a Leapfrog model of 1.9 Billion tonnes at 4%THM.
Enormous resource at high grade.
- Forums
- ASX - By Stock
- MRQ
- Rio $500m Mineral Sands Investment
Rio $500m Mineral Sands Investment
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MRQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.525M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
65 | 125205439 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 60689760 | 36 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
65 | 125205439 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 60689760 | 36 |
0.003 | 40142477 | 28 |
0.004 | 17281722 | 16 |
0.005 | 5565417 | 6 |
0.006 | 5660683 | 5 |
Last trade - 16.12pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
0.1¢ |
  |
Change
0.000 ( 33.3 %) |
|||
Open | High | Low | Volume | ||
0.1¢ | 0.1¢ | 0.1¢ | 458333 | ||
Last updated 12.18pm 02/05/2024 ? |
Featured News
MRQ (ASX) Chart |
Day chart unavailable
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online