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Thanks for confirming most of what I said ringworm lol. Can you supply the stats for bridge building etc being a higher volume than general use? Yes the strengths and type of concrete is set out by architects and engineers but they are compliant with building regulations. You don't think building regulation changes make much difference? Have a look at kingspan share price from 2004 to 2007. You are also not taking into account that fly ash is already in use. Pozz will simply replace that.
Yes dusty, the plan is to sell it on to a processing plant initially until we build our own plant to save time. Patrick is sometimes painfully meticulous and careful with money. There is no way he would continue if he wasn't 100% sure. As we have found out with the graveyard of unexplored projects we have. Yes the quicker we get it dug out the better. With the USA taking off and the fly ash running out (see samspade4's post for more on fly ash) there is no better time than now. No, I've never come across it before and concrete plants don't really advertise what products they sell. It's just what strength and slump do you want it. As far as general use the 28 days to 8 days wouldn't be a selling point IMO as cement sets in 8 hours and can be walked on the next day any way. So you're right that would be more for specialist jobs but the general market would be much bigger then any specialist jobs. I don't know if it differs in the USA but in the uk. It would likely be brought into general use by building regs and implemented by local councils. Which the green aspect will be the main selling point there and we all know how councils love to be seen to be green. So I don't think there will be any problem getting it into the general market. I don't know whether it will come to be used in mortar? it maybe to dry for that and brickies are very fussy but it sounds like it would be good for building in stone, a tip builders use when build in stone is to add lime to the mix to stop the water running out of the mortar down the face of the stonework. I would love to trying it.
Dusty, yes I've been in the construction industry for 30 years though I haven't used pozz concrete yet. I would love to try it to test the workability of it. I think it would be ideal for pattern concrete drives with the high strength, low water content if it trowels up well. Though I don't know what your point is? I actually agreed with you that they could do things a little faster but for sres this is motoring but reading your follow up post. You say sres has being dillydallying around for 5 years with the CS project. This is incorrect as the CS project was only staked 14 months ago on the 14 November 2016. You maybe getting confused with the other pozz project that has a high clay content and is not commercially viable at the current pozz prices. As for the news today from the quality of the CS pozz not just makes it more attractive to customers but also increases the price we can get for it. As it's priced on quality.
Taken from north south holdings. Cash flow • Cost of mining, milling and transportation: $35 per ton • Product sales out $90 per ton average • Margin: $55 • Estimated average removal rate: 5,000,000 tons per year not including agriculture uses which could be a larger amount than this. • NOI = $275,000,000 per year • $275,000,000.............. Based on the Kirkland mining company that is restricted to mining 500,000 tons. Gives a profit of $27.5 million. For 25-30 years. Though we could have more than 1 mine in operation. Also Patrick has developed a new finding technique and is looking for more pozz/perlite. So pick a number between $27.5 and $275,000,000 per year.
I'm criticising the people that think it's a good idea to flog off projects, just for a few grand without even doing the minimal of sampling first, to see what we have. Otherwise these same people will be demanding we sell bay state next week too. I agree as a second prize the deal is okay but I would of sooner of seen that 22% rise today in sres. Rather than now having to wait to see a 3% return on my investment in around 5 years time.
I don't see any of the posters who were over the moon to get £15k when we off loaded junction commenting on the bumper finds of surface samples vp has found. I think we could of cleared 0.25 if we still owned it. Oh well at least we didn't need a placing after. What? £500,000. D'OH!
Very good detailed calculations intheno. I'm afraid I was a bit lazier and just used the total acreage 1080 @ 25m deep averaged from the 3/8/17 RNS which came to 101mt. Which is why I asked if people would be happy with 150mt which would take 30 years to mine at 5mt per year. I think people was expecting billions like north-south holdings but bare in mind 127mt would take 200 years to mine at the Kirkland mine rate.
It is important to note, however, that because pozzolans are not typical commodities like copper and gold which are traded on global public markets, key partnerships and competitive plans are very sensitive information to the company and its potential competitors. So prices are unlikely to be given
Is natural pozzolan dust a danger to my health?Our natural pozzolan is an amorphous aluminum silicate, as opposed to a crystalline silica. While crystalline silica dust is a known hazard to human health, amorphous silica has been classified as only a nuisance dust by the various regulatory agencies in the country and around the world.
No, it's all rhyolite but what makes it pozz is the cooling speed that makes it glassious. Your right it is red hot ash. No one else could find the weight either but north south holdings say they have 4 billion m3 equating to 4+ bil tons. http://www.northsouth-h.com/wp-content/uploads/North-South-Holdings-Pozzolan-Project.pdf
AimSurfer. Your figures are way out but you've accidentally stumbled on the correct tonnage lol. Pozz weighs 1 ton per/m3. Pozz is rhionite (lava) which has cooled slowly or quickly sorry can't remember which way round it is. So it is extremely unlikely to be contaminated. So all of the minimum 1.8m m3 = 1.8million tons will be pozz. And we don't need to assume it's pozz the RNS says it's already been tested and is of good quality. :-)