ATM3 Jun 2019 11:19
Just thinking out loud guys. Right we don’t know the ratio of tin to tantalum at this time. Hopefully we should have some ideas after first months production.
So let’s say we get a 10to 1 ratio (am just using round figure for the moment) and it costs $15k a tonne to produce as stated = $150k for said 10 tons yes. Wrong. If you do get 1 ton of tantalum ( 10-1 ratio) at $180k a tonne then that alone will more than cover the cost of the 10 tons of tin. In other words free tin. Plus other minerals don’t forget.
When phase 2 kicks in in a year or two with ramp up in through put, that cost should come down even more with the added bonus of lithium. More credits. Now it’s only a guessing game at the moment on my part. However it’s not just about the cost of tin production. You have to take into account the byproduct’s (credits) to offset the running costs.
We will see what the ratio will be soon enough, then we can have a better idea of how much this will offset the running costs = profits. GLA