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Bullboard - Stock Discussion Forum Power Metals Corp V.PWM

Alternate Symbol(s):  PWRMF

Power Metals Corp. is a Canada-based diversified mining company. The principal business of the Company is the acquisition, exploration and evaluation of resource properties. Its exploration project includes Case Lake property. Case Lake Property is located in Steele and Case townships, 80 km east of Cochrane, NE Ontario, close to the Ontario-Quebec border. The Case Lake pegmatite swarm consists... see more

TSXV:PWM - Post Discussion

Power Metals Corp > Mining costs with trifecta of resources.
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Post by trader53 on Oct 19, 2023 6:18pm

Mining costs with trifecta of resources.

They are doing metallurgy studies on the recoveries for lithium. cesium and tantalum and they will be using this recovery rates to complete a PEA study. With good recoveries on the Cesium and Tantalum this could become one of the lowest cost deposits in the World as these two will be treated as kickers which will have a huge impact on Mining Costs. There is absolutely no chance that the supply of Cesium won't be put into a separate off take agreement
Comment by Seizeium on Oct 20, 2023 7:36am
According to profile of Winsome Resources 100% takeoff for LCT from Case Lake already in place. The question is whether the takoff agreement is based on a fixed or market variable price. "In addition to its impressive portfolio of lithium projects in Quebec, Winsome Resources owns 100% of the offtake rights for lithium, cesium and tantalum from Power Metals Corp (TSXV:PWM) Case Lake ...more  
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