Post by
Wangotango67 on Nov 02, 2020 3:46pm
DRIFTWOOD
I'd remodel the project -
Make it extra special - with the aim of producing - magnesium metal
= $15,000/tonne ( 3x - greater value than oxide )
Why insult a rich grade project pulling out simple magnesium oxide...
when one could revamp the pfs and make the project into - spectacular -
A rich grade deposits deserves the respect in making high end magnesium metal
Turns the economics into = very exciting.
Its all how you tweak a project.
OIL BRINES ( drive it home )
Measure oilbrine resources.- like... get at it.
Consider tapping into older wells vs current operator prodctions -
( pump - brines that have settled and separated below - oil slick - far easier )
Switch up the lithium lead credit to magnesium
Hiding behind a weak lithium credit makes no sense
If the Winbone has same magnesium values as other resevoirs..
Then.. obviously the magnesium is the - strongest credit
Deploying one unit at a time = no excitement
Ask the oil companies to invest into 20 units.
Such would make a splash
= Winbone turns into a 50 year mine life.
= something attractive
That's all li've got...
Just...when one thinks they've researched all...
there's always more to learn...ugh...
Again...
so sorry to post so much...
but... i tihnk i've nailed a few key topics.
Cheers...
Comment by
aIIenjames on Nov 03, 2020 7:21am
Wangotango67: Driftwood magnesium deposit is dead!!!!! MGX M made it very clear that the focus is on GOLD!!! GOOD LUCK TO ALL INVESTORS.