EPM eclipse metals limited.

What's happening & how BIG is EPM going to be?, page-32

  1. nro
    11,192 Posts.
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    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.
 
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