EPM 0.00% 0.8¢ eclipse metals limited.

Ann: Eclipse Progresses Ivittuut Mining Licence, page-12

  1. 3,431 Posts.
    lightbulb Created with Sketch. 865
    the poland Quarry I looked had a relatively short life span or likely half now; and if you assume they target the hi-grade first then get the out crop:
    It supplies one of EU's best renewable Polysilicon smelter configurations; which went online 2018. But it also supplies to other glass / constructions industrial - so despite the smelter coming online 2018, the quarry itself has been shortening its life span much earlier. There was proposal by another company to build another - BUT ironically Iceland actually has energy supply crunch at the moment, part due to Crypto Miners buying capacity, but ironically less sun-light, and wind over the last twelve month, So it takes time for a further Geothermal plant to be constructed as they need to pre-allocate the capacity before commissioning, I think that was implied.

    Out crop was like 91% silica, and I think it was 95% "hi-grade".

    https://www.pcc.is/the-plant-technology/our-silicon-metal-plant/

    https://hotcopper.com.au/data/attachments/4486/4486382-cdc9a4327587d634491ce9733f72fda8.jpg


    Example of the mention of the other customers of the quarry:

    https://hotcopper.com.au/data/attachments/4486/4486451-2916ebad50dc601f810f8b796fabe149.jpg


    Which leads me to believe it end of life, will probably be before 2030 or much sooner if they try fast track - but they are limited by the EU CO2 certificates pricing, if it goes up - then its unaffordable to increase production.


    The largest producer is in Spain but the energy crisis demonstrates how EU is held hostage to it own "Green" values.

    https://www.nasdaq.com/articles/ferroglobe-halt-two-furnaces-in-spain-due-to-high-power-prices-2021-09-28



    Last edited by Zhc003: 06/07/22
 
watchlist Created with Sketch. Add EPM (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $18.00M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 58939 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 1350000 2
View Market Depth
Last trade - 16.12pm 12/07/2024 (20 minute delay) ?
EPM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.