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2.0¢ energy transition minerals ltd

So what is really going on is that if GML is successful it will...

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Mahlon

2,053 Posts.

488

21/08/21

15:27

Post #: 55467295
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Originally posted by Mahlon: ↑

You have concentrate REEs from the fjord over from yours that delivers a superior product of $4.00 dollars a ton and your delivery is stuck at the industry standard at about $6.00 a ton (which may not include shipping). Anything that is not magnetic goes to waist. If this is what your deliverables are then you would have every incentive to do everything possible to insure that the 4 dollars per ton won't and cannot succeed.

Typo entry on the $.00 dollars but now corected in blue...

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So what is really going on is that if GML is successful it will out price the existing industry practices. The only way TB (Tanbreez) can be profitable is find a way to market that is not as expensive as shipping to China by weight. Shipping all that weight to china cannot be as pofitable as sending concentrate to an agreed to EU or US processing plant. Only GML has the ability to ship concentrate. Hense the value issue. GML undercuts the market even to the neighbor next door.

GGG Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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