Member Info for Wolframite

In house testing of the ore quality was good and produced SC6, the ore quality going through the plant will variable but the plant should be able to deal with that.

Wolf

Have you joined the shorters Acker ?

Wolf

Tygra show some self control... You said you wouldn't post again until after the next RNS.

any contact signed would need to take into account variables in expectations.

Wolf

Cosmonaut I agree 2) is the most likely scenario, I wouldn't be surprised though if we can double the expected output for November and that would offset the price for a lower grade.

Either way we are still well over due any updates on progress!!

Wolf

Jaglith, can you explain what experimental tech they are using and Why in your opinion it will fail!!!

I bet you can't ;)

Wolf

Acker by the end of November the plant will have been operational for 8 weeks... I would like to think the plant can produce around 1k of SC5-6 by then.

I agree silence is our enemy at the mo.

Wolf

Acker, according to the lead engineer at Stark the plant is producing SC3 to SC6 of saleable product, the only question is how much!!

I find it odd that you would not be disappointed should PREM not produce this financial year... Can't think of anything worse.

Wolf

Shiny different times... Back then we all had concerns about our investment in PREM... this is that pivotal point now for Zulu make or break.

Wolf

Only because they had the ability to present an alternative view... Unlike the substandard rejects that post today!!

Wolf

Martinigirl, good to see I've got your nickers in a twist today ;)))

Wolf

Jaglith, I've tried to help people understand about the standard of supply in the industry... If it's beyond your capabilities, it's your loss ;)

Wolf

My understanding... is people on IG and spread bet have been frantically closing shorts all day ;)

Wolf

Jaglith I can smell burning ;)

Clueless I've suggested 5% as a low ball figure I wouldn't be surprised if it's more like 5.5% li2o spodumene like the one in your example.

Wolf

Is a large buy order is being filled!!

Surely you would be able to answer that regardless of your fixation with SC6... the difference is negligible whether 5% or 6% Canmax will be happy with 5% to start with.

We are talking a difference of 1%

Wolf

Raaydaar, if you are so clever can you tell me the difference in price between 1 ton of SC6 and 1 ton of SC5 ?

Wolf

People should understand that spodumene miner's like Pilbara and others... produce spodumene between 5 and 6% lithium non of them guarantee just 6%

95% of that spodumene is waist this is why the Chinese are looking at building a hydroxide plant in Zimbabwe.

5-6% is standard in the industry why would GR agree to just 6% ?

Wolf

Tygra may I suggest you look at pilbara and what they supply the Chinese!!

I don't think lithium mining is your thing ;)

Wolf

Tygra GR said they are contacted to supply around SC6 if they produce SC5.5 are you saying Canmax will say we don't want it... It's standard for spod miners to supply around SC5.5

Wolf