Member Info for solstace

Petro's spouting his utter nonsense its the biggest buy signal going!

That would be fantastic Dusty, if you could have a break for at least 6months it would be very much appreciated :-)

Take a break lol be nice to be rid, if there is one person who brings nothing but a bad argumentative attitude its good ole boring dusty yawn.

One of the key differences between the processing options being considered for the Pitfield ore and those commonly found in the ilmenite industry is that a low temperature acid leach process is likely all that is needed to extract the titanium and produce a high-quality product. No energy-intensive smelting is required and a higher value product can be produced on-site. This simplifies the process flowsheet and hence the design and construction of a Demonstration Plant.

Really moving at pace here! Once in a lifetime opportunity as Empire, Shaun and Pitfield are the real deal imop.

Https://www.investormeetcompany.com/investor/dashboard

Tomorrow

Time

19 Mar 2024, 12:30 GMT

Starts tomorrow

Duration

1 hour

Meeting Type

CDM

Presenters

Shaun Bunn - Managing Director

Greg Kuenzel - Finance Director

Neil O'Brien - Non-Executive Chairman

That's ok got it. Cheers :-)

The quantity of titanite within the tested samples averaged approximately 20% of the rock mass; this level of titanite concentration is extraordinary as titanite is usually an accessory mineral and rarely gets above 1-2% of the rock mass. Of the remaining Ti minerals, Ti-bearing iron oxides make up around 15% of the rock mass with ilmenite forming 2%

Https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://cdn-ceo-ca.s3.amazonaws.com/1funjk8-Helium_One_Initiation_note_Final_14_Dec_2020_RB2.pdf&ved=2ahUKEwjh9o2wqe-EAxX6SEEAHTozAMgQFnoECA4QAQ&usg=AOvVaw3dhBoWDG_UwbTinTHPq01_

More attractive fiscal terms than for hydrocarbon developments – The

fiscal terms for helium extraction are attractive with a low 3% royalty, a 16% free

carry available for the Government and the corporate tax rate of 30%. We

estimate that HE1 will get around 50% of the FCF from the project over the life.

Ffs Joe I don't need to read the PURA regs as they are not relevant

Falls under ministry of minerals as not Petroleum or a petroleum byproduct.

Joe you could just admit you don't what you are talking about and you got it wrong! People might think more of you for it...

From 10mins on very interesting, Shaun says all ready to go on sorting demonstration plant. Last few months spent getting everything together. This won't be 12/24months Shaun and team will get this moving at light speed this isn't some massive construction project! This is a number of items/components manufactured by 3rd parties delivered to and assembled onsite. Component parts 6 months to make then Built and up running/commissioned in a couple of months total 8 months.

WA mining is massive and there will be lots of companies locally to manufacture all that is required for a demo plant.

Chop chop :-)

Where do you get that Genghis? Its all going into the processing from now as stated by Shaun demo plant up and running next year

Of course not but we are all here to make money and so have to be forward thinking! This is not just about 1 drill 1 well it is about a field production plan after the EWT.

Rukwa license covers 1899sqKM they could fit 1000's of wells on this, own the rig so cheap to drill. Lets say they double the flow so each well produces $8m P/A a 100 wells $800m P/A Mcap would be in the multi$Billions$

With artificial lift and 100 wells all producing what Mcap then?

The cash raised is for the huge amount of drilling that has been completed and is happening now and more at end of the month + metallurgical testing. Shaun is forging ahead here at a rate of knots!