Pure Energy Minerals Ltd V.PE

Alternate Symbol(s): PEMIF

Metals & Mining Industrial Metals & Minerals

Pure Energy Minerals Limited is a Canada-based lithium resource developer. The Company is engaged in the exploration and development of mineral properties. Its Clayton Valley lithium brine project (CV Project) is located in Esmeralda County, Nevada. The Clayton Valley Project contains an inferred mineral resource of approximately 218,000 tons of lithium carbonate equivalent (LCE). The Clayton Valley Project is located in central Esmeralda County, Nevada, approximately halfway between Las Vegas and Reno, Nevada, United States. Its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprises 950 claims over 23,360 acres (9,450 hectares). In addition, the Company is focused on new processing technologies for lithium through its collaboration with global multinational technology partners such as Tenova Advanced Technologies, at the process testing, engineering, and design stage on the Clayton Valley Project.

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Pure Energy Minerals Ltd

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Comment by Chrysanthalason Apr 25, 2018 6:07pm

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Post# 27941018

RE:RE:Snails pace

If you refer to the PPA... and its clear you haven’t you’ll notice that they are delaying development of the plant. Why? Well, at the ppa the profit measures were for the current price per ton of lithium carbonates around 9000... thats ok. But if they wait two years the price per ton could be double. Plus, the ability to ramp production to almost large producers would meet the demand instead of causing a relative glut. This is a hold. For good economic sense.

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