Tuesday, February 18, 2020

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Investment Potential in Exploration of Mineral Asset: Ex-CMPDI

Investment is a tool for everyone, who wants brights & secure future for our next generation.

Today, We are seeking to invest in and every prospect, from where, we can get the high percent of ROI for secure & bright future to our next generation.

Exploration of mineral asset is the kind of prospect to go with it. To understood with this theory, We went to Mr. R. B. Mathur, Ex CMD from CMPDI, he spoke with us and provide few input from him as studied or experienced of decades.

The following input he provides us, are following :

  • Exploration constitutes a high risk activity given the apparent random of minerals occurrences and uncertainties in locating minerals. Exploration success depends on use of latest technology to generate data.
  • The basic need of India today as regards mineral is Lithium, which occurs in pure form and despite vastness of our country encompassing Himalayan region as well, this mineral has not been located, although Afghanistan & China reportedly have adequate resources.
  • The basic idea of allotment of mineral blocks should the based on granting priority to the exploration company.
  • A vast area of our country is yet to be explored for Coal, Lignite and shale gas. priority is to be given to coking coal exploration.      
These points he highlighted during conversation with us, hope industry guys looking forward to invest in the exploration sector.

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(Gurugram –  18-February-2020)

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