Ann: Sinclair Mine Complete, First Caesium Shipment Scheduled, page-166

First 166 Last

Share
Profile

Follow
readyaimfire

3,328 Posts.

213

14/02/19

17:13

Post #: 37439921
Share

Originally posted by w27 ↑

Originally posted by Felix1965
The feldspar is likely to remain as overburden. At $50 a tonne to transport to Esperance and $40 a tonne to crush and ship to SE Asia with an at best price of $100 a tonne the profit margin is unlikely to be worth the risk.

The petalite (ceramic market) and lepidolite (Chinese lithium) do have value and should hopefully result in offtake agreements. If offtake partners want what is left as stage 2 mining then it should be profitable to remove and stockpile the feldspar assuming it has no value and extract the petalite and lepidolite.
People new to this forum should know that manfromgwelo is John Downs, about the foremost expert on caesium formate and all things caesium on the planet. He was a senior executive with Cabot, specifically engaged in the specialy fluids (caesium formate) division. Before that he was a senior executive with Shell and is credited with the initial work developing caesium fromate as a drilling fluid for high tempreature, high pressure oil and gas wells. He knows what he is talking about and potential investors are well advised to pay close attention to what he says. There is a lot of tripe on Hotcopper, but you sometimes come across a poster who really knows his stuff and post very valuble information. John is one such type.

Expand

W27

Interested to know how much as a % of PIO expected cash from sinclair you think should be spent on chasing up more ceasium ore?

PIO Price at posting: 1.6¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Chaos reigns markets – so let's take stock of where we're at ahead of December

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

PME

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

OCN

Southern Cross Gold zooms in on 9 new high-grade zones above 20g/t at Golden Dyke

SHN

Chimeric clocks $4.17M R&D tax rebate from Canberra

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MTM

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA

There are more pages in this discussion • 23 more messages in this thread...

First 166 Last

Add PIO (ASX) to my watchlist

Ann: Sinclair Mine Complete, First Caesium Shipment Scheduled, page-166

Top Stories

Chaos reigns markets – so let's take stock of where we're at ahead of December

Watchdog takes Webjet to court over alleged 'false' flight prices with hidden fees

Pro Medicus signs landmark $330M deal to roll out imaging platform in US hospitals

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Southern Cross Gold zooms in on 9 new high-grade zones above 20g/t at Golden Dyke

Chimeric clocks $4.17M R&D tax rebate from Canberra

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Australian Rare Earths bullish on early-stage uranium potential at Overland, SA