Member Info for trillsg

Thanks for the response D1nger mate. You maybe missed my previous post. We do get royalties. I'd like to think they're the usual 3% but split with JW. The 1% was being cautious. Multicom has been granted a licence for the use of the potentialVanadium Leaching Technology on terms that include a gross sales revenue royalty for the use of the potential new IP on an exclusive basis in Australia and non-exclusive basis for the rest of the world

Bar the royalty percentage the facts are there. Is it an outlandish and ridiculous calculation?( not chesh's use of the figures). I'd rather know than fool myself.

Cheers Chesh. So if the mine meets expectations (50kpa) And using a conservative 1%.. And could earn �13,172,600 pa The mine has an estimated life of 30 years. So we'd eventually receive �400 mill in total?

Here we go. Try 1% bud to play it safe. �Multicom has been granted a licence for the use of the potentialVanadium Leaching Technology on terms that include a gross sales revenue royalty for the use of the potential new IP on an exclusive basis in Australia and non-exclusive basis for the rest of the world.�

Can't find a royalty figure either Chesh but with regards to output pa. tions. An early and indicative mine plan for the SEVP is shown in Figure 3. The SEVP will produce up to 50,000 tpa of Vanadium Pentoxide product which can be used to make metal alloys for high strength steel production and in the production of vanadium redox batteries which have the capacity to supply multi-megawatt scale base load storage. Run of Mine (ROM) operations to produce the 50,000 tpa will be in the order of 25-30 Mtpa.

Make that, " don't drink after 3hrs kip!"

Best advice? reckon I've asked this before but....... Sometime you gotta say what the 4uck, what the 4uck gives you freedom, freedom gives you oppertunity, makes your move So your parents are going out a town............ What the fu

Just this once Chesh! On my desk Sunday though! Lol

Hi Duster, np. You reassured me it was a positive quote "most viable" was thinking they meant overall but guess it means prior to our method being explored. Tvpete, I wish my works bonus was as easy to achieve. Kind of can't blame them and I'd imagine those, like me, that aren't as savvy as you would be totally oblivious to it. So funds drop to roughly �600k in 2 weeks???? Anyone up for the challenge of working out potential revenue from success of vanadiam? That last link has quite some detail. Can't get my head around what royalties would be received as multicom funded it and will own a third of the Ip.

I give it a month. "The lawn needs mowing! You're not off to the rugby we're going shopping! Who was that skank screaming your name! How much have you spent on Axm shares!"

I'm with Chesh on the importance of Accudo but the speed at which Multicom is progressing first revenue may even be from them. Interesting read here. Not sure how to interpret it though? 8th March 2018: 3.8 Processing A number of leach tests have been undertaken to identify various routes to extract the vanadium from the concentrate with the most viable method involving a caustic soda and sodium carbonate reagent solution combined with temperature and pressure leach method. Resultant recoveries are in the order of 85%. The pregnant leach solution was subject to further purification using solvent extraction resulting in a 99.6% premium V2O5 product. This process will be refined and optimised as feasibility studies progress. The reagents are the most significant operating cost for the processing plant and will be the subject and focus of further metallurgical test work and flow sheet optimisation. Alternative options exist where the vanadium within the ore is recovered via a heap leaching process. This process offers the potential for a significantly reduced operating and capital cost for an operation. Multicom is partnering with global experts in this area and further evaluation of this process route will be undertaken as the feasibility studies progress. https://www.ehp.qld.gov.au/management/impact-assessment/eis-processes/documents/saint-elmo-vanadium-ias.pdf

Can't take any credit for the multicom link. Bat5hit found it a few weeks ago. GLA

Great post apcouldwell and agree with 99% of it. I do believe ii buying is a big help to the sp though. Their tool box is full when it comes to choosing stocks and are able to discover information us pi's aren't able to. It's reassuring to know a big company is happy to gamble someone else's money on it.

https://www.i-q.net.au/main/alternative-energy-industry-in-townsville

Hi there bud. I too wasn't sure how the Vanadium time scales worked but after reading this believe the tests will be completed very soon. Multicom Resources has been operating with seed funding from private shareholders and is developing an initial Public Offering (IPO). It was planned to be presented to the ASX in July, Mr Cammerman said. �We�re refining our existing feasibility studies which will include the heap-leach trial and providing samples of the (vanadium) product to all of our preferred offtake partners,� he said.

Fantastic how well this is holding up considering placees could break even now if they wished. But then again why would they sell after reading what's coming?

I'd never make a suggestion on investing but agree I feel something big is around the corner. Everthing is still a go but you might have noticed, thrilled that Accudo, although taken longer than I'd have liked, looks to be nearing asset purchase completion. Anyone else's interpretation of the wording would be much appreciated.

Last one I promise :) Accudo: "finalising of its own funding arrangement"

Sorry to go on but excited. Not "finding" funding" as previously quoted. "Completion of funding" now.

Sounds like they're in the final stages of purchasing the assets Accudo Metals Pty Ltd. commitment after completing a positive scoping study to proceed with a definitive feasibility study ("DFS") on the potential use of Alexander's leaching technology under the existing licence agreement, subject to completion of its funding arrangements