the dome.....end of the rainbow for PIO !

First 46 Last

Share
Profile

Follow
themetals

215 Posts.

27

01/04/20

02:26

Post #: 43808998
Share

Originally posted by manfromgwelo: ↑

Quiono

It was inevitable that the pollucite sales price would become evident when PIO publicised its revenue vs volume data, but neither Cabot or Sinomine would welcome their feedstock price being known to their suppliers, clients and potential competitors. Not that it was a great secret anyway - one call to Bikita Minerals would give you a pollucite price. But PIO got a decent price - or at least is is the price I was expecting but could not disclose. So PIO did their homework.

Right now Sinomine have a tiger by the tail. If PIO have one or more big company-making pollucite deposits (TANCO sized would do) under the Dome at one of those sites on their internal maps where I have seen words like " Howling Cs geochemistry ! " and "could this be the big one ?" then they really cannot afford to let PIO loose to either a) develop it themselves and/or b) sell it to Sinomine's potential competitors. Whoever owns the next big pollucite deposit (not a tiddly Sinclair-sized deposit) gets to dominate the cesium formate and cesium fine chemicals market for years - at a time when it looks like cesium quantum entanglement technology is going to change the world.

So I would expect Sinomine to take all steps to avoid PIO going anywhere by themselves until they have thoroughly explored the Dome for the presence of mega-deposits of pollucite - or until they have secured the Dome in some way. It would be mighty careless to let PIO wander off into the sunset with Halliburton, or Schlumberger or Tetra or any other oilfield company with eyes on cesium formate when the current agreement ends some months from now.

Expand

the dome.....end of the rainbow for PIO !

PIO Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

WGX

Westgold sets its sights on top five producer status through merger with Karora

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

GRX

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Is oil undervalued?

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan