BC8 1.87% 52.5¢ black cat syndicate limited

Ann: Turn-key Funding, Development & Processing for Myhree, page-27

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  1. 1,268 Posts.
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    Although gold is certainly the main story here for BC8 (and boy, do they have a lot of gold in the ground), but they do also have some other minerals to add to the money pot, and one of those which is of particular interest is stibnite/antimonite, from which antimony is extracted.

    Although it's a mineral which you rarely hear about, antimony is becoming a very high-demand but under-supplied mineral, particularly as countries ramp up their military spending, although antimony has many other uses as well as military applications.

    For example, it is in high demand for use in flame retardants and in manufacturing solar panels, it is used to strengthen and harden alloys, and it's widely used in electric cables and solders and in glass manufacturing, and also in medications.

    China is by far the biggest supplier of antimony, followed by Tajikistan and Russia. At the moment, Australia's only producing mine is the Canadian owned Costerfield mine in Victoria, but the Hillgrove mine in NSW (formerly RVR owned, now LRV) should shortly be back in production. Once BC8 also get into production, Australia could become the World No. 2 producer of antimony.

    BC8 has many irons in many fires, and the market will soon wake up to that fact.
 
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