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Good morning Carrot Grunt. Burwill would not be happy for the...

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johnwightman

275 Posts.

211

02/06/18

12:13

Post #: 33450241
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Originally posted by CarrotGrunt ↑

Hello John

"The following Q related to the shipment of the tantalum to Greenbushes, between 2002 and 2006, Greenbushes TOLL TREATED Bald Hill's tantalum concentrate until Sons Of Gwalia indicated that they would no longer buy Bald Hill tantalum concentrate. Greenbushes never did go broke and have always made such a whopping profit, even today, I doubt they will ever go broke."

He said a lot more but i can't fully remember, something about Gold hedging?

"The next Q about the quantity, yes about 800 000 pounds was produced in those four years, and it was class 7, ie low enough radiation to not require special packaging. If Bald Hill started producing tantalum tomorrow, at full capacity, it might produce 600 000 pounds by July 2021 but then it would have to be under a tantalum friendly mine plan, which I don't see happening!"

Why not?

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Good morning Carrot Grunt. Burwill would not be happy for the company to take their eye off the ball, to accommodate economic tantalum ore. They will want the company to keep 100% focus on the spodumene production. Treating the spodumene tailings for tantalum will not affect the spodmene production but the quantity of tantalum produced will be very low (not chasing optimum grade)

TAW Price at posting: 43.0¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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