Don't people get it?
The Trolls are acting as a Diversion....
Notice that the Trolls never talk about or mention the Tantalum or Tourmaline?
SUM stated:
"The fieldwork has established that the Sentinel 2 and ultraviolet spectral data sets broadly correlate to areas of identified tourmaline pegmatite.
The identified pegmatite has been sampled for lithium, REE, niobium, and tantalum mineralisation. The mineralogy of the pegmatites are similar to the columbite-tantalite-lithium pegmatite historically exploited by garimpeiros in the project’s north"
Niobium is worth around $100 000 to $120 000 a Tonne
Tantalum is worth around $470 000 a Tonne
One can see the percentages of Niobium and Tantalum SUM has shown:
• 53.07% Nb2O5, 18.32% Ta2O5 and 1,956 ppm PREO (SUMSS007)
• 42.08% Nb2O5, 26.07% Ta2O5 and 2,780 ppm PREO (SUMSS021)
• 40.88% Nb2O5, 25.27% Ta2O5 and 6,367 ppm PREO (SUMSS023)
• 40.86% Nb2O5, 26.58% Ta2O5 and 890 ppm PREO (SUMSS022)
• 40.84% Nb2O5, 15.74% Ta2O5 and 4,660 ppm PREO (SUMSS001)
• 38.65% Nb2O5, 26.41% Ta2O5 and 3,810 ppm PREO (SUMSS018)
• 34.45% Nb2O5, 26.73% Ta2O5 and 5,330 ppm PREO (SUMSS004)
• 22.01% Nb2O5, 34.16% Ta2O5 and 3,020 ppm PREO (SUMSS003)
• 25.67% Nb2O5, 25.92% Ta2O5 and 9,070 ppm PREO (SUMSS002)
• 21.22% Nb2O5, 39.15% Ta2O5 and 4,120 ppm PREO (SUMSS045)
• 19.95% Nb2O5, 38.70% Ta2O5 and 4090 ppm PREO (SUMSS043)
• 19.55% Nb2O5, 15.24% Ta2O5 and 24,760 ppm PREO (SUMSS006)
• 18.80% Nb2O5, 40.312% Ta2O5 and 3,900 ppm PREO (SUMSS046)
Then one can easily see and work out that seeing that
Tantalum is worth around 4 to 4.5 times the price of Niobium:
In EVERY case of the grades shown above,
The Tantalum is worth significantly more than the Niobium.
Then there's the Tourmaline:
"Prices of tourmalines are generally under $500 USD per carat but in the case of Paraiba can reach $50000 USD per carat"
A carat is 1/5 of a gram,
So Tourmaline can be worth up to $250 000 USD a gram,
Which is $371 140 AUD a gram,
Which is $371 140 000 a Tonne.
That's right Paraiba Tourmaline can be worth up to $371.14 Million AUD a Tonne !!!!
Even the lower grade stuff not even from the Paraiba can be worth $500 a carat,
Which is still $3.71 Million a Tonne.
SUM has the Advantage of having these other High Value Products,
Tantalum and Tourmaline,
As well as the Niobium,
Which adds far more value than Peers and what most people realise !!!!
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