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In answer to your question, probably the single most important fact to remember is what Commerce Resources has already proven up in regards its deposit and then in regards processing of this resource.
These 2 specifics are then the fundamentals of the company as it moves forward, along a process that is very time consuming. It is this process that at times can seem very frustrating and so I recommend referring to the fundamentals of the project with the additional understanding that the OVERALL MARKETS may not always be positive – and case in point, in general terms the markets HAVE NOT been very positive over the last 5 months.
(Although I believe that the US will move to the 2nd spot in terms of global economies – and that this may be a little bit of a painful process, like childbirth – I believe that the OVERALL GLOBAL COMMODITY BULL MARKET WILL CONTINUE TO DOMINATE).
In terms of stating the fundamentals of Commerce Resources, the deposit is in total 51 million tonnes of host rock, which breaks down to 22 million pounds of tantalum and 120 million pounds of niobium. In regards the economics and metallurgy –we have the highest recovery rate, 83 – 97%, and the lowest potential costs of producing a tantalum and niobium concentrate.
Due to the open pit nature of the Upper Fir deposit we should be looking at the lowest mining costs – in the area of $4.00 per tonne – and then very low on site separating costs – approximately $5.00 per tonne. These costs would then potentially cover the making of a concentrate that is 10% tantalum and 50% niobium. On a per tonne basis we would then producing a concentrate that would be ½ pound tantalum and 3 pounds niobium.
The value of this concentrate per tonne, using the lowest prices in the industry currently, would be in the range of $105.00 CAD. If you subtract the mining and on-site processing costs, you would be looking at a potential profit of $96.00 per tonne.
Additionally, the entire industry is very busy and so this causes time delays, and this includes everyone from SGS Lakefield to Acme Labs – the specific companies working for us now.
And now to the positive side of things – the article that recently came out from Boeing is an example of the overall tightness of the tantalum market. It is not just an engineering problem or an ordering problem for Boeing (the fact the titanium coated nuts and bolts did not work as well is just the reality of the situation) – the real problem is that no manufacturer of tantalum based products has much, if any, surplus of tantalum feed stock to produce an increased number of tantalum products being called for, in a panic, by even someone as significant as Boeing.
In general terms, both tantalum and niobium demand is outpacing supply – similar to iron ore – and the prices are reflecting this.
As well, and although there are quite a few iron ore potential producers looking to develop projects into production, on the tantalum and niobium side you probably understand that there are very few and that Commerce has a significant advantage over most if not all.
I know that this has been a very answer but I feel that everyone who is along for the ride should understand exactly HOW long this process can be, and that we are travelling in very good company and in a very good vehicle.
The road (the market) may have some bumps and potholes but we (Commerce) will stay the course.
All the best,
Chris Grove
Aufgrund eines technischen Problems der Deutschen Börse steht Xetra bis auf weiteres nicht zur Verfügung. An der Behebung der Störung wird gearbeitet.
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von immer nur steigenden Kursen"...
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| Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
| 80 | 26.194 | COMMERCE RESOURCES (€ 0,208) | DrDV | Noelaqloky | 01.11.21 15:08 | |
| 186 | Commerce Resources: Faktenthread + TA + News | thairat | thairat | 25.04.21 13:26 | ||
| 3 | 18 | . | Eller | DA_BUA | 25.04.21 13:14 | |
| 21 | Commerce Resources läuft und läuft | mutzlutz | tbhomy | 25.04.21 02:01 | ||
| 9 | $$1Mio im Bid**Die NEUE Rohstoffrakete$$ | TheInvestmentban. | Eller | 25.04.21 01:17 |