Post by white0rabbiton Apr 24, 2025 9:13am

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Post# 36549449
PEA for the La Blache by ERM: a joke?
PEA for the La Blache by ERM: a joke?TiO2 insiders and Investors, either in Canada and Australia, discussed a lot the ERM report : is it a joke?
On page 193, regarding "Recovered TiO2 (t)": Year 3 = 892,470 t and year 4 = 1,026,385 t.
So, TEMAS expect to sell these volumes in year 3 and 4? having in mind a TiO2 usage of 6.4 Mt in 2024?
Do not forget a utilization capacity of 71.2%, that means same capacity than Chemours or Tronox?
What about such a CAPEX? TEMAS says CAD1,632m... A joke? Can you imagine the size of such a plant requiring so much tankers for the SX? And how many kilns?
And now, TEMAS want to be listed on ASX??? They will face to real professional: a real challenge...
I can't say more... I don't understand what TEMAS is doing...