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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 > Cesium supply/demand!
View:
Post by trader53 on Nov 07, 2024 1:37pm

Cesium supply/demand!

They have discovered that by adding Cesium to EV batteries eliminates the fire risk. Yes, a very small amount but will have a dramatic effect on the demand profile. This will also have an impact on storage units which will use that much more cesium. The fact that Trump will be the new President and his plans to Drill Baby Drill will also drive up the demand for Cesium Formate. Now let Haydn give you some insight into the supply and I quote him.

" Sinclair is mined out and is no longer in operation, Tanco appears to be in care and maintenance and potentially aiming to treat some of the low-grade waste rock and Bikita is from what we hear there is small amounts coming out of there but it's incredibly inconsistent." There is little question IMO that when considering supply/demand profile of the cesium market PWM will have the most envious position of having the only producing high grade Cesium Mine on the planet. When the market wakes up to this many will look back in disbelief that in November 2024 you could have bought a share for .40.

The other consideration is that Case Lake could indeed be one of the lowest costs LCT deposits on the planet which would certainly make it extremely profitable. With a comically low Capex and Opex there will be no need to deal with Bankers and Brokerage Houses. My guess is by introducing a strategic partner the funds will be available up front to put Case Lake into production. It seems to date that every hole drilled into West Joe just keeps growing the resource. Lastly PWM is finding multiple zones on West Joe which delivers the possibility that Dr. Julie's belief that Case Lake could well deliver a World Class District scale resource.
Comment by Ricky55 on Nov 07, 2024 3:43pm
Very good post Trader, I too have read articles on csium additives to EV battery.From what I've read,it also prevents the battery to catch fire. Even if Trump will promotes somes oil drilling and it will still need cesium , EV market will still be strong because of the high demand now. On top of that ,if I could add; if China is hit by tarifs,they could easily put tarifs also on the cesium ...more  
Comment by carlp727 on Nov 08, 2024 11:49am
We are already in bed with Sinomine. So l would think that is going to be our partner.   Last Trade: 0.39 0.01 -2.53   VANCOUVER, BC, Dec. 21, 2021 /CNW/ - Power Metals Corp. ("Power Metals" or the "Company") (TSXV: PWM) (FRANKFURT: OAA1) (OTC: PWRMF) is pleased to announce that it has entered into an ...more  
Comment by frewil11 on Nov 08, 2024 9:14pm
You have alot of reading and catching up to do.
Comment by carlp727 on Nov 09, 2024 2:29pm
Why???...we already know who the partner will be...once you dance with the devil, you can never dance with anyone else.....
Comment by Chiefmombo on Nov 10, 2024 12:09pm
Have you seen the anti China politics in North America? Where do you live haha 
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