CAGR Boric Acid Projection Cost Index 2020-2030When the original PEA was released in the Report it was stated that Piskanja's production was going to be a 80-20% split between colemanite and boric acid. With the projection of the boric acid forcasted priice index Erin &Temas will need to rethink their production ratio.
It is estimated when the Piskanja mine is constructed boric acid will be north of $1000/tonne(5.8% increase during term) as depicted in the graph.
IMO, Erin/Temas will need to change the production ratio split particular if Piskanja is sold off to a Major. We need to maximize our sale value and I expect that will be captured in the revised PEA Report soon to be released.
https://www.precedenceresearch.com/boric-acid-market
(bb-99)