from today's ann:
'Centaurus’ initial target mineralisation for the Project is 6 to 10 million tonnes of manganese
mineralisation with a grade range of between 20-24% Mn. This target is based on initial ground
geological mapping of several pits on the existing mining lease by Centaurus geologists, preliminary
independent test-work carried out as part of the sale process and other recent independent
geological studies.'
so this manganese resource is almost identical to that of OMH. OMH has a market cap of over $1.1 billion. CUR is only about 15% of that. plus CUR has iron ore next door to vale, plus unrivalled (for a junior) strategic and political connections into the overall brazil story. If the Manganese JORC's up as expected CUR must be worth around $30 - $40 a share.
from today's ann:'Centaurus’ initial target mineralisation for...
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