TYX 12.5% 0.7¢ tyranna resources limited

Ann: Drilling imminent to expand Muvero, page-18

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    Yes pollucite mines are extremely rare, but like many of these rare minerals so are the uses for it, so demand is also fairly tiny.
    In terms of price pollucite fetches less than $1000/tonne and the quantity that is likely to be mined each year as a by product of spodumene mining means it will barely show up on the annual P&L.
    Don't get me wrong, its great that it's there. But those drilling results need to show some nice fat high grade spodumene cores in a few months to drive this higher.
    And I'm reasonably confident they will.
    https://hotcopper.com.au/data/attachments/5535/5535847-1afd223ff7be90ac4c7b066fa94d77d3.jpg
 
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