"There is talk of converting the Caesium to formate brine...

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groundzero

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18/07/17

12:54

Post #: 25928712
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Originally posted by DickoTrader ↑

Yes, lack of news is playing a part for sure.IMO
As for the timelines given from a year ago, I for one are very glad that the "targeted timelins" have blown out. A lot has changed in that 12 months at the Dome and the longer it takes I suspect the better the outcome in relation to which way to proceed.
There is talk of an offtake agreement but no mention of prices or volume of product to be sold off.

There is talk of converting the Caesium to formate brine ourselves and renting or onselling that directly.

There is talk of getting LPD to convert it for us.

There is talk of taking a loan facility to get the project going.

There is so much talk of possibilities that the market is confused. I think it is a positive that it is taking a while as the deal that comes out of the Dome is sure to be complicared no matter which way they decide to go and personally I like the idea of converting to formate ourselves. Could trigger a TO offer from any one of the larger formate players.

Mavis will get underway when they are good and ready I would assume and I believe the delay has been due to the situation at the Dome.
Now is not the time to be running out of cash.IMO
All my opinion
Cheers

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"There is talk of converting the Caesium to formate brine ourselves and renting or onselling that directly."

Interesting. Who was involved in those discussions?

GZ

PIO Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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"There is talk of converting the Caesium to formate brine...

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