MSE 72.7% 1.9¢ metalsearch limited

Ann: Metalsearch to Acquire High Purity Alumina Project

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    Wow, you guys picked HPA project on the previous thread.  Great Work, exciting stuff.

    Boss, HPA's fanbase is growing exponentially if you listen to CRU....noted on 05/08/19

    “our view that the HPA market is starting to gather large-scale interest. Following completion of a more rigorous demand model, coupled with extensive market discussions, CRU has found the unconstrained demand forecast for 4N+ (99.99% or greater) HPA to be significantly stronger than initial estimates from 2018, where it was estimated at 92,900 tonnes (2025). In this recent market report, CRU estimates that 4N+ HPA could in theory grow at 30% p.a. from 19,000 tonnes (2018) to 272,000 tonnes (2028). However, more detailed examination shows that this growth will likely be constrained by supply limitations, and that such unconstrained demand growth would lead to a large-scale deficit that would consequently spike prices to untenable levels.”

    full article:
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