Bullboard - Stock Discussion Forum 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.

Add To Watchlist

GREY:CCJMF - Post Discussion

Melior Resources Inc > mega deal with extra charge

View:

Post by Aurelian on Apr 11, 2018 8:34am

mega deal with extra charge

Ilmenite

Sales Price:

The price paid by Hainan Wensheng to Melior for Goondicum AA ilmenite will be based on an agreed reference price calculated at a premium to the current traded market price of ilmenite imported into China and reflect the superior quality of Goondicum AA ilmenite.

https://www.stockhouse.com/news/press-releases/2018/04/10/melior-takes-key-step-towards-restart-of-production-and-signs-12-25-million-in

Apatite

Sales Price:

Under the terms of the agreement SOFT will purchase 100% of Melior's production volume at a price which is 50% higher than the price Goondicum previously received for this product reflecting the increasing demand for Goondicum apatite's unique attributes.

https://www.stockhouse.com/news/press-releases/2017/11/07/melior-signs-10-year-fertilizer-off-take-agreement-with-soft-agriculture

Comment

Comment by Aurelian on Apr 23, 2018 6:09am

TZMI forecast long term prices for Goondicum AA ilmenite and apatite of US$204/tonne FOB Australia and US$116/tonne Ex-works respectively apatite $116 + 50% surcharge = $174 ilmenite 204 + 15-20% surchgarge = $244 highest-prices frim ilmenite in 2017 240 + 15 - 20% surchgarge = $288

Comment

Melior Resources Inc