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Melior Resources Inc CCJMF

Metals & Mining Industrial Metals & Minerals
Melior Resources Inc is focused on assessing, developing, and operating resource projects. It is engaged in the exploration and development of mineral properties in Australia. Its primary project is the Goondicum Ilmenite located in Queensland Australia, an ilmenite and apatite mining and processing facility near the town of Monto in Queensland.


GREY:CCJMF - Post by User

Melior Resources Inc > morningstar rating: undervalued
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Comment by Contrarian333on Dec 07, 2017 11:23am
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Post# 27109382

RE:RE:morningstar rating: undervalued

RE:RE:morningstar rating: undervaluedI think we are waiting for the second tranche of that $10m USD financing package (first part Pala $5m loan) and then they will be in a position to begin bringing the property back into production and we are away to the races. Ilmenite prices continue to be strong and look to be in balance for the foreseeable future and the apatite is as we know all spoken for at a premium price.
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