LPD 4.35% 2.2¢ lepidico ltd

Hi @loisl1978. I'm not familiar with where the $22,000/kg comes...

  1. sqe
    419 Posts.
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    Hi @loisl1978. I'm not familiar with where the $22,000/kg comes from, possibly for pure Cesium as metal?

    The company has mentioned Cesium formate for the oil drilling industry. Back in Feb 2017, they had some $ numbers (https://www.lepidico.com/wp-content/uploads/2017/02/LPD170227-Corporate-Update-1.pdf). $12,000-$15,000/tonne.

    You're right on the 10-100tonne of contained Cesium. Not sure how much Cesium formate brine (with SG 2.3) that produces though.

    Also, Sinomine bought Cabot Specialty Fluids for $135M. That includes their IP and existing supply.


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