What's happening & how BIG is EPM going to be?, page-33

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PokemonGo

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19/06/21

16:32

Post #: 53943448
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Originally posted by nro: ↑

Are you aware of what you are saying?
"With 5.70 to 5.94 million tonnes grading at between 90% to 95% silica oxide"

Which certainly isnt high purity where EPM needs much closer to 99%

Which isnt "double digit billions worth" as you stated.
"Based on the tonnages for cryolite, quartz, fluorite, my personal calculation is a very MINIMUM of US$ low billion up to double digits billions"https://hotcopper.com.au/threads/10-cent-party.5981885/page-6#:~:text=10%3A11-,Post%20%23%3A%2053760446,-Share

So if it gets mined at 15 million tones a year (impossible as thats Europes entire glass manufacturing needs per year according to your article) How long will the resource go for and how will a tax on this amount help Greenlands deficit of $500 million each year (if you are correct as I believe its out)? Even at a lower sales amount the tax will struggle to make much impact on $500mill.
I think youre missing out important points here.

Expand

Thank you for keeping me entertain as I have time making sure my investment in EPM is as much calculated risk as possible.

Have you look at what is the price range for silica oxide between 90% to 95%?

Who said "it gets mined at 15 million tones a year"?

I think you're putting words in my mouth again

EPM Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.9¢		Change -0.001(5.00%)		Mkt cap ! $56.98M

Open	High	Low	Value	Volume
2.0¢	2.1¢	1.9¢	$28.32K	1.410M

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No.	Vol.	Price($)
5	2507367	1.9¢

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Price($)	Vol.	No.
2.0¢	1338928	5

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No.	Vol.	Price($)
5	2507367	0.019
5	711930	0.018
4	2170047	0.017
3	1904047	0.016
11	1720246	0.015

Price($)	Vol.	No.
0.020	1338928	5
0.021	4376282	2
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0.023	2009555	5
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