PIO 10.0% 1.1¢ pioneer resources limited

Ann: Sinclair Mine Complete, First Caesium Shipment Scheduled, page-11

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  1. 379 Posts.
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    Good news.......great to see PIO delivering the goods.

    This from the OT agreement..............."The Offtake Agreement pricing is based on a sliding grade scale and fixed for the two-year supply term and no penalties or credits apply for any other elements or compounds present in the delivered pollucite".

    Lord only knows what we'll end up banking per ton here.............."Approximately 19,000t of pollucite-bearing rock (“Pollucite”) with an average grade of 9.1% Cs2O has been mined and crushed and will be sold under the Offtake and Loan arrangement in place with Cabot.......

    But the words "greatly improve the revenue" are always welcome.......
 
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