So next week the EU commission for critical raw minerals will be announcing its list of priority first projects .
Does anyone get the vibe EGR will be included on the list?
if that’s the case … the likelihood of KfW funding would be all but assured .
based on present calcs . EGR assets are valued at US $100m (mine, spherical qualification and downstream plant)
Plus the unapproved loan US$105 m
EGR near potential future value is US $205m .
noting the figure above does not include a value for the intangible asset AUD / US patent clean purification method, which could be licensed to a third party.
or consider any value for binding off takes that will arise .
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