Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
https://www.proactiveinvestors.co.uk/companies/news/985995/sunrise-resources-grants-spain-s-tolsa-an-option-to-buy-its-pioche-sepiolite-project-985995.html
The picture made me smile :-)
https://mets.dot.ca.gov/aml/CementitiousList.php
Scroll down and you'll now find SR Minerals in the list of pozzolan producers.
Presentation by AL yesterday at the Red Cloud Summer Uranium Conference:
https://www.youtube.com/watch?v=Wgm4-C9QKeg
Thanks SEA7. Also on google finance:
https://www.google.com/finance/quote/YLLXF:OTCMKTS
https://www.thearmchairtrader.com/sprott-asset-management-uranium-forecast/
https://www.newswire.ca/news-releases/progressive-planet-unveils-new-high-performing-pozzolan-made-from-unique-mineral-asset-810200631.html
It's possible that Progressive Planet is the "new cement clean-tech company" we've been talking to.
This latest SCM, "PozDE", is probably not too much of a competitor for us, as it's quite a distance away in Canada. Also, it's perhaps going to be more of a speciality product, making use of a by-product from processing 30ktpa of diatomaceous earth, so not looking like a huge quantity.
They give some 7-day strength data, which at first sight doesn't look as good as ours, but I'm not sure a direct comparison is possible as the comparison targets may not be the same.
Eco Material Technologies have finally got their act together and produced a comprehensive website:
https://ecomaterial.com/
Reminder: this is the newly formed company that bought Boral's North America fly-ash business, including the Kirkland pozzolan mine:
https://ecomaterial.com/wp-content/uploads/2022/04/EM-Kirkland-Natural-Pozzolan-2022_4-28.pdf
They are very possibly the "major fly-ash distributor" we're talking to.
Andysel, I think you have to look more directly at the cash position:
"cash position at the year-end [30 Sept 2021] of £371,740 (2020: £1,089,417)"
suggesting a burn rate of ~£718k/year, ~£60k/month.
Alternatively look at the placings over the last six years:
Aug 2020: 357m @ 0.28 = £1m
Feb 2020: 180m @ 0.11 = £200k
Nov 2019: 350m @ 0.10 = £350k
Jan 2019: 292m @ 0.12 = £350k
Jul 2018: 286m @ 0.14 = £400k
Dec 2017: 333m @ 0.15 = £500k
Jun 2017: 325m @ 0.10 = £325k
Mar 2017: 250m @ 0.10 = £250k
Jan 2017: 61m @ 0.10 = £61k
May 2016: 250m @ 0.12 = £300k
Apr 2016: 109m @ 0.11 = £120k
Total is £3856k over 6 years = £643k/year, ~£54k/month.
Recent spending has probably been lower than average - not much drilling etc. - but it's still hard to see how they won't need to raise money soon. How they'll do that is speculation of course; if a deal is imminent then no problem.
FYI I believe this is the list we're aspiring to:
https://mets.dot.ca.gov/aml/CementitiousList.php
Likewise. Just bumping the link for snooz's excellent spreadsheet :
https://docs.google.com/spreadsheets/d/1SdQ0pXhW2KJ_PJoiJ3w97tzVz1fGcupAU9bfpTJkOHw/edit#gid=2006377867
Not sure, but I think this web page is new:
https://www.sunriseresourcesplc.com/pioche-sepiolite-project
MMM Q1 just out: Cement price up 11.8%, from $115.49/ton a year ago to $129.11/ton now.
https://ir.martinmarietta.com/news-releases/news-release-details/martin-marietta-reports-first-quarter-2022-results
Just came across this, which probably appeared about a month ago. (Reminder: Calportland recently bought some West USA CRMC assets from Martin Marietta. Their parent company is Taiheiyo in Japan.)
https://advancement.calportland.com/
"
Coming Soon!
ADVANCEMENT[TM] NP (Natural Pozzolan)
Description: A supplementary cementitious material (SCM consisting of natural pozzolan blended with Type II/V portland cement. Natural pozzolans are a siliceous or silico-aluminous material that will, in finely divided form and in the presence of moisture chemically react with calcium hydroxide at ordinary temperatures to form compounds having cementitious properties. )
Benefits: Reduces CO2 in the manufacturing process by ~10% vs. common ASTM C150 cement.
Uses: NP is a general-purpose cement suitable for most concrete construction.
...
Coming Soon!
ADVANCEMENT[TM] T (Ternary Blend)
Description: A Ternary (three-part) blend of II/V cement, limestone and pozzolan.
Benefits: This blended product reduces the amount of CO2 in the manufacturing process by 20-25% as compared to common ASTM C150 cements while maintaining product performance requirements.
Uses: A general purpose cement suitable for most concrete construction.
"
Taiheiyo annual results are due 12 May, so let's see if they have any more to say then.