PM1 0.00% 1.4¢ pure minerals limited

The Capex to build a plant just to treat the Tailings is...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 377 Posts.
    lightbulb Created with Sketch. 61

    The Capex to build a plant just to treat the Tailings is prohibitive. The OPEX looks ok. Hence the need for financial assistance/tax concessions etc for anyone looking to treat the tailings. 


    In the article below it states a cost of $93m to BEGIN the cleanup. I'd imagine seeing some sort of return on that $93m+ would be desirable.If they were to partner with the government to clean up the tailings it could be a win-win for all. 


    https://www.abc.net.au/news/2016-04-20/palmers-queensland-nickel-93m-environment-clean-up-revealed/7343640


    I dont think Clive will do it alone and I doubt the gov would want to partner with Clive. 



 
watchlist Created with Sketch. Add PM1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.