CUR centaurus resources limited

from today's ann:'Centaurus’ initial target mineralisation for...

  1. 3,072 Posts.
    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.
 
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