St Elmo Project29 Aug 2019 20:01
Alexander still listed on Multicoms' website under partners/industry experts.
...'Once the Saint Elmo Project is fully developed, the Company has an initial target production of 10,000 tonnes of V205 per annum, with the possibility of scaling up subject to market conditions. The project will have a mine life of at least 20 years based on the 10,000T annual production target.'
Vanadium Pentoxide Flake (as inJulia Creek) currently about US$ 8.00 per pound.
2,200 lbs per tonne. So about US$ 17,600 per tonne.
10,000 tons INITIAL target per year = US$ 176 Million.
Royalties 3%? would make AXM's cut US$ 5.28 Million per year.
That would be very nice!
Also possible revenues from DSR Kapili Tepi. DSR have 75% interest resources not yet fully quantified but it is huge Copper, Gold, Nickel, Cobalt resource with high grades. The KT project page on DSR website has been written by our own Nick Clegg. ...''.and a royalty of 2.5 per cent. of gross saleable metal products produced from a potential mining operation at the Kapili Tepe polymetallic project in Turkey, if using Alexander's leaching technologies.'
Don't forget Proses' Turkey massive zinc project. Results for the latest test works with AXM should be released very soon.
Lithium.....'Under the joint venture with Alexander's Principal Technological Consultant, Dr. Nicholas Welham, an acknowledged expert in lithium and hydrometallurgy, the Company has been investigating and discussing potential next steps to follow up on the interesting results announced for a potential new hard rock heap leaching process for the extraction of lithium from hard zinnwaldite rocks. '
Accudo......'The Chairman of Accudo, Dr Saliba Sassine, said it was in discussions and negotiations with asset owners or their advisors and is energetically pursuing its options to deploy the Leaching Technologies.'
Come on..... hurry up with some positive news please .....there is plenty to choose from !!!!