Australia's largest stock trading and investment forum Australia's #1 stock forum

ESS

Click for more information

0.00%

50.0¢ essential metals limited

Ann: Sinclair Zone Project update, page-72

First 72 Last

Share
Profile

Follow
Adamstown

310 Posts.

107

20/01/18

01:05

Post #: 30431356
Share

Originally posted by oilskin ↑

As I mentioned some time ago in an earlier post, the involvement of LPD could well play a larger role here. As demonstrated last year, L-Max can produce CsFo from pollucite without much trouble at all. So here’s a theory. If we entered for example an agreement with LPD to mine our Cs with a deal to process Pollucite to CsFo for our own direct sale to a wholesaler like Cabot, LPD could keep a percentage of the LiCo3 from lepidolite, depending on the deal.
An agreement like this would give us high value CsFo already in liquid form and also LiCo3 from the overburden/surrounding lepidolite. As DC said, pollucite is very Shooty by nature and it would be more economical to simply open mine it if you can process the bulk ore for separate off takes. Potentially a unique situation really, if the dirt surrounding the Pollucite could be simultaneously mined and treated to produce valuable Li raw materials.

Expand

As mentioned earlier= LPD larger role!!! Keep a percentage!! (Make product for us first!!) Pollucite= very shooty however, Open mine= bulk ore ready for (imminent) Off takes. Unique situation!!! Surrounding dirt= Produce valuable Li raw materials!!!! Holy sheet!!PIO is the sheet!!!!!!!!

PIO Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Making money: How many microcaps should be in an investor's portfolio?

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

There are more pages in this discussion • 22 more messages in this thread...

First 72 Last

Add ESS (ASX) to my watchlist