Since Day 1 of you trolling this board and specifically this thread, you have banged on about commercial agreements for kaolin, and a lack of a commercial agreement for kaolin as a feedstock for HPA.
Slowly one by one, your half-truths, conflation of facts and flat out untruths (lies) have been, and will be exposed.
Below is an announcement by SUV for an offtake agreement at a rate of AUD$755/tonne, a rate significantly higher than previously used in any kaolin SS I have reviewed and for a grade of Kaolin significantly lower quality than what Tampu will produce.
Interestingly CR9’s Tampu SS for the 100% Kaolin project, used a rate of $800/tonne and yourself and @RoyE scoffed at this number. It seems it isn’t so far fetched after all.
If we to use the +\- 35% variance as is standard at a SS level, we can assume a figure of $800/tonne to be very conservative given the purity of Tampu when compared with SUV’s Pittong deposit. Arguably the SS could be re-done with AUD$1080/tn as a base case for the kaolin project.
CR9 Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
(20min delay)