PMH 0.00% 26.0¢ pacmag metals limited

low volume , page-12

  1. 3,178 Posts.
    lightbulb Created with Sketch. 1
    The USGS has last month put out a report into the global germanium market.
    http://minerals.usgs.gov/minerals/pubs/commodity/germanium/mcs-2009-germa.pdf

    Unless extracting the GeO2 is too expensive a problem, you would think PMH have a mine on their hands here.
    Working from the Fig 2 map in the latest PMH quarterly, I have done a "back-of-an-envelope" calculation of possible broad mine parameters. It looks to me as if PMH might be able to produce 20,000 kg of GeO2 per year, circa 20% of global supply and have a 10 year mine life. I can post my figures and assumptions if anyone is interested to go through it and offer comments - suggestions.
 
watchlist Created with Sketch. Add PMH (ASX) to my watchlist

Currently unlisted public company.

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