George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Let us know when we're ok to go back to our rambling, that would be great, cheers.
Facetiousness aside, PC has mentioned weed before, albeit a couple of years ago maybe? Was it some Canadian company maybe we were talking to? Or am I making this up?
Yeah they just came in and started handing out commercially sensitive information, did a powerpoint on the commercial environment for the Pozz market, then left. Though one of them did a s**t on the doorstep on the way out. maybe that's how they roll in Ontario.
My niece works in a massage parlour in Tonopah, she reckons 3 men from Ontario, along with a dwarf from Illinois, came in last week and, completely unprompted, advised that the CS project would be at 5p by the middle of December. Obviously since that mule kicked her in the head I can't really trust everything she said but it must be true, because I'm posting it on the internet.
Also filtered the troll, bliss!
Jon, on your water query, the below is direct from the air permit (which I advise you look at as it contains pages of detail on plans, equipment, daily tonnage estimates etc. The air permit is also 'administratively complete' which means it's good to go once main permit goes through.
'Water required for Project operations, chiefly for dust suppression, will be drawn from a WELL (my emphasis) located off Esmerelda County Road 169, five miles south of the main project area. The Well Site will consist of a fenced gravel pad, the wellhead and pump, a generator and water storage tanks. Power for the well pump will be provided by an EPA Tier-4 Final Multiquip Power WhisperWatt Series (WhisperWatt 7000 - DA7000SSA3) 6kw diesel generator.'
So while in time a proper line will be built from existing well, initial plan (which again, is signed off) is to truck it to site (hence water storage at well site and mine site). All of this is in the air permit detail.
Hi Jon, your assessment is correct. All the side permits (air/water/Row etc) will sit ready until main mining permit is ready to go. Then all will go green and will be more visible. They won't show it yet as they understand how plc organisations work with inside info etc. Ignore the troll, he has delusions of grandeur
Tag team implies 2 people against you petal. Which is incorrect, as EVERYONE thinks you are an incompetent failure! Dip has expressed everyone's views about you pretty well, your angry squealing shows they've hit home too. You should probably give up on investing, it's clearly not for you.
If anyone wants to daydream with their calculator. .....Our air quality permit states we'll be screening circa 1,182,600 tonnes a year through the grinders/screeners. We've seen notional $100 a tonne for pozz and up to $300+ for agricultural grade perlite. Given not every single tonne will be sellable and we won't get $300+ per tonne we do sell, let's work on $50 a tonne revenue.
That gives us $59,130,000 revenue a year. If we play on safe side and say mine costs $30,000,000 a year to run....that still leaves $30,000,000 or so revenue. Or around 10x our current market cap. It says in our own presentation that $10,000,000 cost to set up everything is not an unreasonable cost (although that would allow us to make more money) so we're going for cheapest option first, ie using Millers, leasing kit etc.
Once we have permit those numbers become real, and proper financing is a wholly sound option that is relatively low risk for the lender, after all we're literally digging it out of the ground and rinsing it, none of the random stuff you have to do with metals/dirty minerals.
Put your OSINT hat on and go and look at who is connected to the company and what doors they could open for us, then tell me given all of the above, that it's unlikely we'll see some BIG rises here, and I'll laugh in your face.....
Thanks Bplan, I believe the 'T' permit is the temporary one, hence why it moves faster. That will basically allow us to get the water under a temporary amendment as soon as main mining permit is received (as per the note on 89452T ). The other (89453) is the 'proper' permit that will take longer but will be a permanent change to the liberty moly main water permit. GLA, I know it's dull waiting but none of these applications/permits etc etc are speculative, SRES is for realsies, patience here will most definitely pay off :)
We have a similar process on the rights of way application, with a short term and a long term application in place
At a guess I'd say it's the NDEP website, there's probably some sort of document viewing option that you have to sign up for I should think. Our permit FIN number is something like.... oh FIN A2227 or something like that....
I don't need to give him a chance, I know the article....
https://www.ig.com/en/news-and-trade-ideas/uk-cannabis-shares-companies-regulation-190918
It's from last September. Good article but not new. If you want to check yourself, just search one of the sentences from it....
Always post the link Mini. I suspect you didn't as this article is several months old, and probably therefore isn't going to have any influence on big buyers suddenly appearing.
SRES fundamentals are great, we don't need bulls**t hype thanks. These type of links are good for newbies doing their research but don't pitch them as being fresh gamechangers, if they were, they'd have had an impact when released.
Your post doesn't make much sense, are you;
Drunk?
Not English?
Mentally challenged?
Valli is just another gob on Twitter and elsewhere, why the f**k are you posting about him like he's a big deal?
Also repeated posts about your friends all owning huge amounts of stock here, hinting they frequent the site and have insider info makes you sound like a teenage boy chatting sh*t on the internet. If you have good research, share it. If you had knowledge you couldn't share, you wouldn't share it, hinting you do does you no favours, troll elsewhere.
Sure this link has been posted before but, these guys are saying (for their project)
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Cost of mining, milling and transportation: $35 per ton
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Product sales out $90 per ton average
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Margin: $55
http://www.northsouth-h.com/wp-content/uploads/North-South-Holdings-Pozzolan-Project.pdf