Absolutely right. Their annual reports indicate that Cabot have generated > US $ 1 billion from the sales and rental of cesium products from a pollucite lens at the TANCO site over the past 20 years and it would be very timely if PIO could find an equivalent-sized pollucite deposit in 2019. Apart from the continuing need for clear heavy cesium formate brine in the oilfield it looks like cesium use in solar photovoltaics and quantum dot LEDs is just about to kick off. And hardly any competition...
PIO Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held