Warren - The additional good news is that the potential annual demand for cesium in oilfield applications, as cesium formate and acetate brines, is much larger than the 3,100 tonnes Cs metal predicted in that 2013 report. It just needs a few big new pollucite finds and investment in more/larger Cs chemical production plants to get some economy of scale into the equation. PIO finding and mining the Sinclair pollucite deposit was a great start but we need more and bigger finds - and PIO have a prime 14 km strip of pegmatite that could possibly contain some "big uns".
PIO Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held