Power Metals Corp V.PWM

Did some research on DMS today!

[trader53]

Did some research on the costs of the new modular DMS system today. Atlas lithium is in the middle of installing a modular DMS system in Brazil and their total cost for installation and capital costs leading to production is less than 50 million U.S. dollars. The system is designed to put through 150 tons per hour. Based on a 12 hour shift and 30 days a rough estimate of 54,000 tons per month. With DMS a low recovery of 65% would leave the Company with a net of 35,100 tons. Much like the Sinclair Mine the actual mining would be done via open pit using bulldozers to load the material onto trucks and moved to the DMS plant. This open pit mining at Sinclair had a cost of $300.00 a ton and was deeper than the deposit on the main. Sinclair was mining cesium only no lithium nor tantalum.                           

 A major benefit at Case Lake is they have tantalum grade ore and Cesium. My guess is the tantalum revenue would exceed the cost of mining. If I am right that would mean that every ton of lithium would be pure profit. 35,100 tons at $1100 a ton would generate $38,610,000 per month less administrative and transportation costs. Payback would be ninety days. No chemicals or ponds would make the environmental permitting much easier and should setup for a very early road to production. This is why I believe Case Lake could be a real cash cow with a 20 year mine life.