May. 16 at 4:37 PM
$CRML
4 months ago i wrote several messages about Hafnium using at beginning fake prices on 2 internet sites , i thought romanian FPCU a manufacturer of nuclear fuel rods with low hafnium zirconium for enveloppe could profuce Hf .
Then i found true price and saw that market was well below TZ production.
Crml do the same , they use prices that are 4 times today price , and don’t take into account that with 130000tpy concentrate with 2300ppm Hf metal it’s
0.13*2300*88%*97%=255,226 tpy
more than today world consumption around 173 tpy.
and for end extraction 10Mtpyas in PEA
0.3*10000000/1000*85%*88%*97%=2 176,68 tpy , 13 times too much .
TZ with 4700Mt conceptual resource
0.3*4700000000/1000*85%*88%*97%=1 023 039t
TZ is simply well too large for world consumption.