ASN General Discussion, page-323

thanks for the share ! another good find looked up magnesium while I was there and , wait for it , magnesium hydroxide market currently at just under $1billion USD and forecast to grow to $1.6billion USD by 2030 Mg carbonate $278M to &344M by 2028 Mg chloride $379M to $580M by 2028 with projected 2.8 billion tonnes of brine at highest rating of 47000 ppm that's 131.6 million tonne resource of Mg at a current spot price of $35000 USD 99.99 % pure that's $4600Billion USD with a current global annualised production of 1million tonnes tipped to expand by 50 % using our PEA ML of 20 years that's a possible 6.5million tonnes per annum now that's way too much but surely we can produce 100,000 TPA for realised sales at a50% discount for hedging of $1.5billion USD , now I know I'm the only one banging on about this and your probably sick of hearing it but can't help feeling BBB is missing out on a golden opportunity here also Mg spot increased last year increased 207% last year second only to lithium !!! Come on is it just me or what ?? whoop whoop whoop !!! DYOR GLTAH Regards TT