RE:RE:RE:low capex and very high IRRMkt Cap $30 m to $20 positv cash flow at annual full production ( 2019 )
Managment & insider hold over 90% of the shares
future earnings with brown technology
Mr Mark McCauley, Melior’s CEO stated, “We are thrilled to be engaging with CSIRO and are looking forward to advancing this innovative technology to the next level. In addition to potentially enhancing the economics of Goondicum, if successful, a commercially viable process could allow several options for monetization of the technology such as through the direct sale of the IP, the sale of equipment utilizing the technology, and/or utilizing the technology to upgrade purchased ilmenite and profitably value add. Our immediate focus is to transition the Browne process from a benchtop technology to a pilot plant scale and we believe that CSIRO are best positioned to explore that.”
melior is no longer a multiple ilmenite producer
The Browne process works to upgrade the TiO2 content of standard sulphate ilmenite from approximately 50% TiO2
up to +80% TiO2 at temperatures as low as 1,300 degrees Celsius compared to conventional slagging processes which require temperatures in excess of 1,600 degrees Celsius. The lower temperature process has potential to significantly reduce the capital costs, energy consumption, and operational complexity compared with conventional slagging facilities.
future selling prices above market price https://www.stockhouse.com/companies/bullboard?symbol=v.mlr&postid=27864852 takota asset management from the national bank of of canada : Melior Resources is another discarded, never heard of name whose price does not seem to reflect its's state of business development, and therefore, like Acerus, potentially a mispriced security