RE:RE:RE:RE:RE:RE:RE:PYR Signs Pre-Tolling Agreement with Major Aluminum SmelterUpset Hilbert, I am not upset at all.
I just want to interject some reality into the situation.
For instance, if any business is done in the Middle East (many jurisdictions anyway) there is a requirement for 50% or more ownership by a local. A business has to be created and managed and staffing is not cheap there. The only thing attractive is the cost of power. Is the cost benefits of on premis work more or less than these extra costs?
Also, how do you manage multiple location units? Might it be that the extra staffing and management costs for outweigh the cost benefits of on site processing?
Technology risks are also an issue with multiple sites. The Chinese are certainly not reticent to steal anything not nailed down tight.
This leads me to suggest strongly that PYR should consider paying a premium for the dross and processing it themselves (with their partner). This wiuld certainly benefit the company that is partnering with them as one processing centre could be in Japan for the Pacific market and maybe another in Quebec to handle the Atlantic market. They are in fact a trading company with money, contacts and industrial skills.
Obviously an optimum systems design would determine the absolute number and location of such facilities.
Just a suggestion guys.