Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Miller Industries Inc V.MLR


Primary Symbol: MLR

Miller Industries, Inc. is a manufacturer of towing and recovery equipment. The Company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to its customers. Its products are marketed and sold through a network of distributors that serve all 50 states, Canada, Mexico, and other foreign markets, and through prime contractors to governmental entities. In addition to selling its products, its independent distributors provide end-users with parts and service. Its product line includes car carriers, wreckers, and transport trailers. Car carriers are specialized flat-bed vehicles with hydraulic tilt mechanisms that enable a towing operator to drive or winch a vehicle onto the bed for transport. Its multi-vehicle transport trailers are specialized auto transport trailers with upper and lower decks and hydraulic ramps for loading vehicles. Its brands include Century, Vulcan, Chevron, Holmes, and Challenger.


NYSE:MLR - Post by User

Comment by Aurelianon Apr 17, 2018 9:19am
75 Views
Post# 27896238

RE:RE:RE:low capex and very high IRR

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

<< Previous
Bullboard Posts
Next >>