Perpetua WILL GET its $1.8BN 15yr loan on better than commercial terms and its going to produce 18.4 million lbs of Antimony over its first four years.
Sounds great but the REALITY is......
That is only 9000 tons of Antimony tons per year if all goes well.
Their reserve grade is .06% Antimony
HALF of LRV's overall GRADE and LESS THAN ONE SIXTH of its measured resource of 442kt at 3.8%
Perpetua are currently quoting for production plant estimated at $1.3Bn on a 2020 feasability study.
That is how desperate America is to have a DOMESTIC strategic source of Antimony.
$60m upfront from the PENTAGON for permitting and environmental cleanup of the site last used during WW2.
The world is heating up and so must plans here to get our plant back into operation.
NudgeNudgeWinkWink surely the Govt both State and Federal would be keen to see a restart and start smoothing applications and environmental needs along with possibly subsidising/granting funds/loans for metallurgical work before or during a restart.
DYOR $20m versus debt of 1.8BN just to get a productive plant built.
Although Perpetua is also planning for 465koz of gold a year as well.
I would be happy with 40koz a year from Hillgrove its historic production rate with a 240kt/yr plant mind you comments said with the secondary crusher sitting there throughput could double to near 500kt which sounds a lot better and in theory could look closer to 80koz equiv.
- Forums
- ASX - By Stock
- Somefings up. !!
Perpetua WILL GET its $1.8BN 15yr loan on better than commercial...
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LRV (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.02M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.075 |
2 | 203232 | 0.070 |
2 | 850000 | 0.069 |
1 | 200000 | 0.068 |
1 | 250354 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 3000 | 1 |
0.072 | 38 | 1 |
0.073 | 37642 | 2 |
0.075 | 50000 | 1 |
0.085 | 364303 | 3 |
Last trade - 16.12pm 07/05/2024 (20 minute delay) ? |
Featured News
LRV (ASX) Chart |
Day chart unavailable
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online