ETM 8.70% 2.5¢ energy transition minerals ltd

@bsumisu - You mentioned that GGG will not be separating the...

  1. 544 Posts.
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    @bsumisu - You mentioned that GGG will not be separating the minerals themselves, so the price they will get will be "far from it".

    They are the lowest cost extraction rate for REM in the world so even when they are using their partnership with Shanghai for REM separation, given their cost to get it on a boat on the adjacent port so ridiculously cheap, they are still going to be making massive margins as opposed to other REM miners.

    The Chinese company that will oversee the chemical separation, will pay their wage bills in Chinese Yuan it cost next to nothing anyway to be honest, good for us.

    Second point would be the Kvanfield project would not get approved with an acid separation plant parked that close to an open water source, you seen this with the EIA when they wanted additional tailing and storage items addressed, as Greenland is strict on the environmental spectrum.

    Smart move getting the experienced Chinese REM professionals to do the separating while GGG just goes crazy with Caterpillar trucks driving to the port everyday to load the boat with tonnes ore.


 
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