Gabo Mining Ltd V.MDL

Metals & Mining Industrial Metals & Minerals

Medallion Resources Ltd. is focused on mid-stream separation and purification of rare earth oxides and salts (REOs) based on Ligand Assisted Displacement (LAD) Chromatography, enablement of upstream processing using the Company’s proprietary Medallion Monazite Process (MMP) technology, and marketing of magnetic REOs (neodymium, praseodymium, dysprosium, and terbium) to downstream rare earth permanent magnet producers and consumers. It has developed a process and business model for extraction of rare earth elements from monazite, which is a phosphate mineral that is a common by-product of heavy mineral sand operations. The Company holds exclusive rights to the patented LAD Chromatography rare earth element (REE) separation process developed to separate minerals from all raw material feed stocks excluding coal sources and recycled materials from manufacturing wastes and recyclates from battery and magnet sources. It is investing in the development of LAD Chromatography.

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Gabo Mining Ltd > PP Closed!

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Comment by aushedson Aug 28, 2020 9:07am

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Post# 31468730

RE:RE:RE:PP Closed!

As a LT RE investor currently putting fresh capital into Lynas, Hastings & Medallion, my three RE choices in different stages of development, with three distinct business plans, I see nothing "strange" in MDL's cash raise, only opportunity.

IMO the main reason the SP is holding 25c, well above historical trading range is not just the substantial injection of capital, but also the involvement of Talaxis which goes some way to complete a business plan.

The real issue here is how does Mgt plan to leverage this capital to flesh out and action that business plan?

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