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$2.65 american pacific borates limited

Bingo. This is bang on the money imo.

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Danzar

1,224 Posts.

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04/08/21

21:12

Post #: 55037691
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Originally posted by lsr: ↑

Ok, this is a great outcome. The pieces are coming together nicely... The higher temp injection fluid increases the boric acid head grade which then has the flow-on effect of lowering the MRE cut-off grade - probably more akin to the 3% that Geosolutions used in 1990 (266Mt @ 5.3% B2O3). Roll in whatever converts from Explo Tgt to MRE and it amounts to a hell of a large resource. Probably enough to double or triple the mine life! This will certainly capture the eyes of the big fish. Higher boric acid head grade also means less injection wells will be required to hit "nameplate" capacity (lower Capex) and less injection water / HCl acid will be needed (lower unit costs). Much to like about all this!!!

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Bingo. This is bang on the money imo.

ABR Price at posting: $1.42 Sentiment: Buy Disclosure: Held
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