MKR manuka resources ltd.

0.00%

4.6¢

Unlocking very significant value in Manuka?, page-2

First 2 Last

Share
Profile

Follow
Arthur A

2,693 Posts.

275

03/01/25

08:53

Post #: 77254921
Share
Originally posted by Synthactor: ↑

Beyond its Gold and Sliver mining activites, Manuka Resources has another potentially extremely valuable resource.
Manuka's New Zealand-based subsidiary, Trans Tasman Resources, holds the rights to the vast JORC certified Taraniki iron sands resource potentially worth many Billions.
Until now this massive resource has attracted a close to zero valuation, as permission to mine has been repeated been denied by the NZ government. No permission = no value.
However the election of the National (conservative) coalition in New Zealand has led to a vastly more favourable stance towards seabed mining.
The NZ government is now in fact now totally committed to make mining a key driver of the New Zealand economy, and has introduced legislation in December to massively streamline the mining approval process.
The NZ government has further identified TTR's Taraniki iron sands development as a "project of national importance", and the Taraniki project has been selected as 1 of 11 mining projects to be fast tracked for approval under the new legislation.
Despite these very positive developments, Manuka's share price has not yet reflected the potentially huge upside of the iron sands project, probably due to a continuing market perception of New Zealand as still Green Peace led and anti mining country.
But today the NZ government is totally committed to developing New Zealand’s mining industry and Manuka’s Taraniki iron sands mining project is a perfect strategic fit with their plans.
That is not to say that the Manuka Taraniki project will definitely get permission to mine, there is still the fast track approval process to be negotiated.
But the prospects of success do now look very good, as TTR has already put in place 82 strong environmental safeguards that have already been approved by the New Zealand Environmental Protection Agency.
There will almost certainly be legal objections raised by Greenpeace and others to seabed dredge mining,
However, the fact that key environmental protections have already been approved, and that new more liberal legislation has now been put in place these 'green' challenges will almost certainly ultimately fail.
Given all this, I see the TTR Taraniki iron sands project as a potentially huge driver of value for Manuka.
What do other people think?

Expand

No doubt, big value is possible from the NZ resource. At this point it is very very iffy that the project will get development approval, hence it is too risky for much investment inflow at this point.
MKR Price at posting: 2.8¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

ASE

Astute delivers high-grade lithium hits at Red Mountain

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Most investors will get this earnings season wrong. Will you?

First 2 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 4.6¢		Change 0.000(0.00%)		Mkt cap ! $38.34M

Open	High	Low	Value	Volume
4.6¢	4.7¢	4.6¢	$47.96K	1.041M

Buyers (Bids)

No.	Vol.	Price($)
2	88832	4.6¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	356765	7

View Market Depth

No.	Vol.	Price($)
2	88832	0.046
3	554142	0.045
8	881021	0.044
1	12000	0.042
2	77500	0.041

Price($)	Vol.	No.
0.047	96765	2
0.048	175989	4
0.049	204197	2
0.050	200000	1
0.051	77777	1

Last trade - 15.29pm 25/07/2025 (20 minute delay)

MKR (ASX) Chart

Unlocking very significant value in Manuka?, page-2

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Astute delivers high-grade lithium hits at Red Mountain

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Most investors will get this earnings season wrong. Will you?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Unlocking very significant value in Manuka?, page-2

Top Stories

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Astute delivers high-grade lithium hits at Red Mountain

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Most investors will get this earnings season wrong. Will you?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News