Are you aware of what you are saying? "With 5.70 to 5.94 million tonnes grading at between 90% to 95% silica oxide"
Which certainly isnt high purity where EPM needs much closer to 99%
Which isnt "double digit billions worth" as you stated. "Based on the tonnages for cryolite, quartz, fluorite, my personal calculation is a very MINIMUM of US$ low billion up to double digits billions"https://hotcopper.com.au/threads/10-cent-party.5981885/page-6#:~:text=10%3A11-,Post%20%23%3A%2053760446,-Share
So if it gets mined at 15 million tones a year (impossible as thats Europes entire glass manufacturing needs per year according to your article) How long will the resource go for and how will a tax on this amount help Greenlands deficit of $500 million each year (if you are correct as I believe its out)? Even at a lower sales amount the tax will struggle to make much impact on $500mill. I think youre missing out important points here.
EPM Price at posting:
2.2¢ Sentiment: None Disclosure: Held
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