Niobium use is small but growing. If CBMM has enough for 100 years and can get it out and process it fast enough if growth double and they need to double production you are down to 50 years double again 25 years etc. As that mine life shortens would you as an owner and end user try and keep supply for ones future or would you limit the supply to insider end users?
Very true but if the demand doubled and then doubled then doubled and doubled CBMMs supply would run out in 2050 and #2 could take over for another 50 years.
Do you really see a demand increase of over 16 times in the next 20 years?
CBMMs supply is enough to support the world use for 500 years.
These processing technologies come from research and that typically comes from Universities so that access to technology isn't likely to be difficult to obtain.
And universities license out their tech to those that fund the tech. Scott cant fund SRSR so I doubt he will be getting any tech from a university. If Scott will figure out how to do it on his own I am sure. There are plenty of ways to refine the ore. If it isnt pure enough for steel use they can sell it to a secondary processor maybe. First they have to figure out how to even get it out of the ground. 1 step at a time. We can worry about refining later. For now we just have to worry about getting money to do anything at all. Correct me if I am wrong but without SOE or other JV partner SRSR can no longer afford to even drill any more holes without selling shares.
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