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Re: A deleted message

Tuesday, 09/25/2012 9:59:59 AM

Tuesday, September 25, 2012 9:59:59 AM

Post# of 4675
Hey , I just like the fact that their is more clearity from the company, helps keep us more in the loop. We all used to complain LR never released more info, so I'll take all the info I can get at this point and I think many posters here would agree. I am not over hyping it, but it is clearly a more positive stategy than previous.
80% reduction in energy costs, is huge 40% less tonnage for EMD, huge savings on Operation and Milling costsElectricity consumption for EMD is 20% of the power required for the production of EMM which is a significant reduction in operating cost.

EMD product contains on a per pound basis 60% of the manganese contained in a pound of EMM. Based on two separate operations on a 50,000 tonne per year basis the manganese required to produce 50,000 tonnes of EMD would be 30,000 tonnes of metal as compared to EMM at 50,000 tonnes of metal per year. The effect of EMD production versus EMM production is a significant reduction in the size of the footprint in both plant size and pit production.

That will bring us way under $400 Million CAPEX, much more attractive to a partner than the 477 Million. Once we produce a successful Button Cell battery, deal is done if not before IMO, Equipment is their and Kemetco is working on it currently. do your own homework


Blairman