Post by
Wangotango67 on Jun 10, 2022 2:48pm
GREAT COMPARISON ?
Cost of buying one's own equipment to produce 16,000 tpy of magnesium
VS
Cost to outsource the refining of 16,000 tonnes of magnesium using someone elses equipt.
Far less costly. End game = having the magnesium or silicon ( metal ) in hand without purchasing equipt and using hard dollars to fund the hydrogen capture equiptment. Such a process of producing hydrogen could put the ( gas companies |) to shame when one considers that co2 must be dealt with vs matal reaction with salt water = no, co2. Cleaner production.
Profits from 16,000 tonnes of magnesium per year
VS
Profits from what 16,000 tonnes of magnesium or silicon could produce in hydrogen and the added benifits of unhydrating the metal hydroxide to reuse over andover to produce al lthe more hytdrogen . What could 1 kg of magnesium or silicon reacted with salt water produce in hydrogen ? There's the formula needed to compare with just selling the metal - end profits.
16,000 tonnes of magnesium ( mined and gone ) on wolrd stage
VS
16,000 tonnes and how much hydrogen it can produce - used as a reactant.
If done correctly, Hydrogen + Oxygen could be produced.
Far less costs involved than say.... purchasing mine equipt.
Hydrogen commands some serious $$$$$ and is an ever growing market for vehicles.
In my minds eye,
one could pull 16,000 ( metal tonnes ) and work the 16,000 tonnes over and over - producing mega amounts of hydrogen vs depleting a resource which ends up on world circuit in another's hands. Onefer payment vs indefinite based on using metal over andover as reactant.
Simply quarry the resource.
Crush and ship to refiner, melt the metals ( contracted )
Ship back end prduct of, silicon metal or magnesium metal.
Place real hard dollars in hydrogen equiptment.
Link to hydrogen pipeline grid.
Or, stored in transportable refer tanks for shipment.
Smart junior would contimplate this idea.
Cheers....
Comment by
sapporostan on Jun 11, 2022 9:54am
W- thank you for your research and raising our hopes of cash flow in the near future-there are a few ways to kickstart Driftwood and if you are correct (possibly a call to the company to run it by them) we will be finally coming out of our explorer to miner status-great feeling should we get there