Sorry if already posted, Hutch_Pod 23 Oct'14 - 17:07 - 1325 of 1345 2 0
"Bacanora, steered by chief executive officer and experienced mining figure Shane Shirclff, has had pilot plants working for a year, according to Orr-Ewing, and, provided an expected £70 million financing can be fixed, hopes to have Sonora, where water is abundant, in production by the end of 2015 at an annual rate of 35,000 tonnes of lithium carbonate, with costs less than a third of recent prices of around $6,000 a tonne. ... Orr-Ewing says the company will still have cash after the two feasibility studies, but envisages augmenting liquidity with forward sales deal. He adds ‘we may do a placing, in the $3 to $5 million (£3.7 million) range, but not until mid-2015."
on a mine 50 tons a year ! ( yes ) with a recovery rate of ? % the leftover product ... do you know the $ value of the female cosmetics market , for face creams ! , ... until proved up! or /and,! off takes in place . then the true value will be in the sp for all to see ? ... Do you know .. that when they convert phosphate ( $8 per ton) in to nitrogen ( $248-550 per ton ) ( fertiliser ) at 18% conversion rates ( ish ) the material left over has twice the value of the nitrogen . more leftovers per ton , so with the lithium being sold ! to wherever ! .. and the leftover being sold to Revlon .. and the rems to whoever ? what the hell will fill the bloody great hole that is left there ! maybe some kind of inland lake ! why not , it is clay after all ? it is waterproof ... xx How the hell can you get a value for this ... ? thinking of it ! but why when some number crunchers out in the big corporate world will be working on that very fact . right now ! what is the $ value ? ( sorry I can ramble on a bit )
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