Tuesday, August 25, 2015 12:16:49 PM
There is no official prices for tantalum or niobium commodities, as these metals are not traded on any metal exchange (London Metal Exchange or other). The price is determined solely by negotiation between buyer and seller.
Therefore it stands to reason that the business relationship between the parties is of utmost importance. There is no evidence that Sarissa has any meaningful relationship with a potential Buyer.
The primary mineral from which niobium is obtained is known as pyrochlore. The world's largest deposit is located in Araxá, Brazil and is owned by Companhia Brasileira de Metalurgia e Mineração (CBMM). The reserves are enough to supply current world demand for about 500 years, about 460 million tonnes. The mining of weathered ore, running between 2.5 and 3.0% Nb2O5, is conducted by simple open pit mining without the need for drilling and explosives.
IMO it stands to reason that if Sarissa, or Niostar, is to find the type of Funding and Expertise required to develop it s Asset it must develop relationships with parties that are very familiar with the Industry. Seemingly many of those groups are involved with TIC. Larger type Investors are much more likely to become involved in situations / Companies / Individual s they know than strangers.
I am not advocating joining this organization, per se, merely pointing out that such an organization exists and exploring what a membership may have to offer.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM