RE:RE:SpikeIt all depends on their plant, they need to process it. From previous info, if we use the dry product of 320 grams. 1 tonne will make 3125 bottles. I cant remeber their costs but guess $1000/tonne. if competitors cost is $10,000/tonne. Voy cost is $0.001/g competitor $0.010/g. Voy cost $0.32/bottle comp $3.20/bottle. Wowzers!
lets assume a bottle sells for $6? 10 tonnes x 3125 x $6 = $187,500. Thats means one 40 tonne truck is hauling $750K of ba.
The economics have changed dramatically in the last year for Voy. They need to get their plant built. They can go out and do a 100 tonne sample without a permit and generate $1,875,000.
I dont know how long to get a quarry permit? Based on PEA, this sits on surface, all it takes is a road, an excavator, a crusher and away you go. If they have the permits or notice of work, the time is dependant on mine equipment set up and plant build. 1 year?
Did they not say they were working with an engineering company? I think this is a priority for them.
With China Taiwan poop storm coming, it wont only be pharma barite supply issues, it will be a major problem for all industrial ba. Where does industrial ba come from? I think China.