Post by
Wangotango67 on May 01, 2023 7:31pm
SILICON -- AMPRIUS
Spoke about this company weeks ago...
Guess they're gaining traction.
Silicon anode has 7x more energy density than ( graphite ).
VIDEO -
https://www.youtube.com/watch?v=YtZkohZRE_s
https://amprius.com/
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Thing is....
Halted far too long.
Makes for a great excuse to sell off our, silicom cliams.
All.... the silicon claims for a mere $250k
Enough to pay an accountant and lawyer fees.
With a caveate of,
The agreement also grants MGX a one-time contractual
right of first offer for the purchase at market prices of the lesser of,
(a) 100,000 tonnes of 99% silica, or
(b) 50% of total output production from the property.
First right to but 100k tonnes of - raw silica - market rates...
Using the 99% grade works out to,
$250/tonne
x 100k tonnes
= $250k
Imagine that, sell away ( all ) silica claims for $250k
And.... oh, we'll let you ( buy ) 100k tonnes of your own
silicon which just so happens to equate to = $250k.
Anyone have any idea how important high purity - silica claims
are on the world stage ?
Real important....
Sure....one could obtain - silicon metal - with beach sand...
but....lors of impurities = costly to refine.
Versus....high purity = melt and go...!
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(f) the marysville.
(f) fran.
(f) Letain.
(f) GC.
Please say you still have Driftwood ?
And.... Tillicum ?
And as for the - Lucid -
Can this somehow be reworked back in, with Alberta Monopoly -
That's alot of lands....
And ...since US Gov't backed away from salton sea - Harh -
back in Oct 2022.... meaning, how much of the salton tech was
MGX's under the 55% ownership of, Lucid ?
Same tech ?
Was the tech tweaked ?
Again....
too long of halt almost gives perfect excuse to unload valuable
silica claims....not exactly fair.
Cost to buy each silica claim ?
Cost to drill out ?
Report costs ?
Did you know.... silicon metal prices have risen over
300% since - 2018
https://www.statista.com/statistics/301564/us-silicon-price-by-type/
$134 - pound - 2018
$400 - pound - 2022
Were now in, 2023....
Silicon is expected to rise all the more.
Again, mgx had several - - silicon - - claims.
Drilling costs
Reports paid for
Silicon metal prices have risen exponentially
None of these important factors were considered.