EFE 11.1% 0.4¢ eastern resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-27

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  1. 7,726 Posts.
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    Let's not disregard the potential value of tantalum either.
    Tantalum generally being a by product of Lithium mining.
    It is not a very well known metal but is a strategic, rare metal with some importance.
    It is used in electric conductors and almost every electronic device you use contains Tantalum. It also is a key metal in superalloys.
    Presently about half the world's supply of Tantalum comes from Africa and as a result there is a fair amount of sovereign risk, however australia, with a focus on Lithium mine development is looking to take a much greater share with the obvious minimal sovereign risk.
    As fantastic as it is, Lithium isn't the only value add at Trigg Hill.
    Tantalum currently is about $130 a pound. Food for thought!
 
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