Good morning to all : ) For some of us more so … Champagne corks...

Good morning to all : )

For some of us more so …
Champagne corks are popping over in NZ today, for instance,  where Manuka is looking to be famous for more than its honey.…

.. “ Through its wholly owned subsidiary Trans-Tasman Resources Limited (TTR), Manuka Resources (ASX:MKR)  has received a pivotal invitation from the New Zealand Government to prepare an application for the Taranaki VTM project to be included in the country’s Fast Track Approvals Bill.​

The project has 3.2 billion tonnes of vanadium titanomagnetite iron sand resource, ranking it as one of the larger drilled vanadium deposits globally.​

A granted Mining Licence would allow for an initial production capacity of 5 million tonnes per annum (Mtpa) of VTM concentrate. This means the operation could produce up to 20,000 tonnes per annum of V₂O₅, making Manuka one of the largest aspiring vanadium producers on the ASX.​

[See Stock. Head report ]

I wonder why the NZ government wants to fast track a vanadium company?

And it doesn’t have our late stage development status, nor partnerships, nor Kem Brinsden on the board

(oh but I guess that, along with RCF, Ken  - that new AVESS vanadium battery company director/investor,  is waving at our non executive director Miriam, with whom he is also very familiar?)​

Spoiler : because Miriam Stanborough….

Miriam Stanborough AM

Non-Executive Director


Ms Stanborough is a chemical engineer with over 20 years of experience in the mineral processing industry across a range of commodities. She has held senior roles at Monadelphous, Iluka Resources, Alcoa and WMC Resources. Her skill base spans innovation and technology, technical development, production management, project management, business improvement and people and culture.
Ms Stanborough is currently a Non-Executive Director of Pilbara Minerals Limited (ASX: PLS), BCI Minerals Limited (ASX: BCI), Chair of the Minerals Research Institute of Western Australia (MRIWA), Deputy Chair of the Northern Agricultural Catchments Council (NACC) and a Director of Scouts WA.

And how does Manuka’s 3.2 billion tonnes of vanadium titanomagnetite iron sand resourceg compare with ours?
And  how will the MKR stock code behave?

Spoiler : MKR chart

….. currently it’s market capis only $58.46m - lower even than the $103.3m at which AVL closed last night (@ 1.5c a share).

The rising tide will float all boats?

cheers