Sovereign Metals Sapan Ghai highlights a rutile supply crisis and sets sights on mid-2024 Kasiya DFS. Watch the full video here.
bottoming out from the 1.5p high to this weeks low of 0.62 to buy.....at 0.64 atm
and went blue on cnbc,this morning
dipping below its current trading range low atm......0.30/32 if your lucky
I watched prisoner cell blockh.lol...back in the 60's/70's
mining cycles explained....https://www.opens.co/articles/the-stages-of-mining
who's going to recycle the black mass?...no idea,but you should find out,soon enough....when the offtaker,shows their face in an rns
Early movers north on cnbc....if any
imc.....3 years and theyre still in the exploration stage
7 years away from production.
cgnr...also in ireland...gold/copper....its been drilling for over 10 years and still years away from production.
amd its probably spent £10 million on exploration,during that time
ireland is an hot spot for zinc mining.
but i can assure you you,when it comes to mining/production costs.
they're exxorborantly high
irelands probably an high cost place to miner minerals,the same as australia an canada.
3rd world countries,tend to be the cheapest places,to open a mean...
like the brics countries....https://www.mining-technology.com/features/brics-expanding-mineral-market-in-africa-and-middle-east/
Yes,i was meaning ajs,to me,all he does,is post the negatives and also,some misinformation
chains posts,are spot on.
and yes,it takes 10 years on average to get a mine up and running and can cost £100 million in capex costs and the big tier 1 mines,cost £billion,rio are building a li mine in serbia,or is it kosovo,a few billion quid.
so for tm1 to mine the basket of metals/minerals....its bypassed the biggest hurdle,all it needs is collection vans.lol.
black mass?...they'll have no problem selling the stuff,but atm,the mining sectors in a bear trend.....which is atm,a negative,if your selling metals(but as many are aware,the worlds supply of mineable minerals,is running out,year on year)
just think of tm1 as a sort of mining comp,but without the high mining production costs.
but albermarle also have the tech skills in re processing REM's into the final product.....mainly lithium in albermarles case.
very few comps,have that capability,to do the final processing of black mass,its a niche sector.
you'll find most miners,dont sell the final product,they sell it in a semi finished product,called "concentrate".....like kod and prem,china do the final separation process.
most copper/nickel/tungsten/platinum/tin etc miners do the same,sell it in semi finishedd concentrate form
in tm1's case.....your missing out the mining process,so you avoiding the massive capex/energy costs.....
Its the other way around blue,cnbc does all the working numbers/colours
i just watch out for the changing of the guards,so to speak.
anyway,tomoras another day,it all changes....probably.lol.
phe?where's the top on that one,the recent rise is relentless....one of kenny's
Posted in: GOLD.L
and dont forget,kav....lex and neo.....
lex's drills done.....so another 3/5 weeks,till lab results