InvestorsHub Logo

bazza66

05/04/11 3:06 AM

#26471 RE: havocjohn #26468

West Africa can be one of the most lucrative areas in the world to operate out of, there is more untapped wealth in this area than anyone can imagine. But regardless of how it looks on surface standard business models don’t usually work unless you are a huge multi-national with a big budget. My biggest concern is the focus on REE & REM, gold and diamond production should not be much of an issue. All of West Africa has been dealing with both these commodities commercially for many years; the market is fairly well regulated and supported. I have very little knowledge regarding the other elements. Does the raw material (Black Sand) have to be exported out for processing else where, and if so where? Can the current infrastructure in SL support the moving and storage of raw material prior to export?

I’m sure Sunergy has had their business strategy all mapped out or they wouldn’t have pumped the REE side of their production so early. But having huge stockpiles of valuable Black Sand with no efficient way to get it to the commercial market doesn’t increase company revenue. Please don’t get me wrong, this is not meant to be a negative view, if the sands are that rich with these elements and the demand is as strong as it seems they will be able to move the product. It’s just how long will it take to build an infrastructure to support it (if needed) and will it be cost effective?

whatisthecolorofmone

05/04/11 8:03 AM

#26488 RE: havocjohn #26468

m*ron. all the big miners in the world have their profitable projects in Africa!!!