PDAC 2016: : Juniors trial alternative business models to tempt investors

• Autores: Paul. Rackstraw
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 582, 2016 (Ejemplar dedicado a: Abril)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Today the market doesn't want to see a preliminary economic assessment (PEA), that's not what's important now," Kiril Mugerman, CEO of TSX-V-listed rare earths developer, GeoMega Resources Inc., told IM.

    DNI Metals Inc., another Canada-based exploration company, is tackling the graphite market in a different way. DNI is buying graphite from Brazil and processing it, before selling the resulting material to end users in small quantities to build up a customer base for its own graphite project in Madagascar.

    [Jon Hykawy] cautioned that the 25,000 tonne overlap is not a large margin of error, however. "Some of these [new lithium] projects aren't completely financed and there should be some concern about supply, but not all lithium goes into batteries. Some of it is lower value and used for things like greases and there is some elasticity in market segments," he said.