Meeting with Bahay 12 April 2022, page-20

A mate of mine sent me some links to articles following a discussion about further investment in PWN. I’ve attached them below in case anyone wants to read or re-read. I hadn’t read them before but I’m glad that I did.

1. Useful bi-products from brine

https://news.mit.edu/2019/brine-desalianation-waste-sodium-hydroxide-0213

2. PWN website material

https://www.parkwayminerals.com.au/ibc-technology


3. Qld Policy on treatment/re-use/disposal of brine (relevant to recent FS announcement)

https://environment.des.qld.gov.au/management/activities/non-mining/water/csg-water


After reading the lot, it confirms for me (DYOR) what has already been suggested:
(a) bi-products can be produced from concentrated brine
(b) bi-products have a commercial value
(c) the commercial value can offset costs of treating waste water that leaves brine and possibly create additional revenue streams.

I have absolutely no doubt about the technology or Bahay’s genuine confidence and enthusiasm for it, noting what other posters have observed about the importance of, and credibility from, the association with Worley and VU.

There was a recent question about whether the FS would interfere with Veolia’s contract which Mr M helpfully answered. It seems Veolia is involved with waste treatment removal the leaves the brine that PWN is interested in. No conflict there - in fact it suggests a no brainer opportunity highly likely to be the subject of a commercial agreement.

The MIT article in 2019 referred to 100 litres a day from desalination world wide. The PWN FS only looks at CSG. The additional potential is significant.

If the technology used by PWN is as good and no more expensive than current technology, and can be made at competitive cost, it will be a valuable asset. If it is better than existing technologies, it will be a massively valuable asset.

Thank you all for some great posts recently on this thread.

Happy reading.

PDS