PUA 10.5% 2.1¢ pure alumina limited

FYI have produced 5N from kaolin.Also close to having a pilot...

  1. 101 Posts.
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    FYI have produced 5N from kaolin.
    Also close to having a pilot plant using kaolin as feedstock.
    On an efficient step by step path to commercialise without huge share dilution.

    PUA's potential partner has taken 6 years to develop a pilot plant, albeit much larger, and clearly aren't
    commercial with their current feed stock. They need PUA's resource. But how easily can it be
    integrated? How different will the resulting samples be? Could be back to square one.
    Then again Polar have in those 6 years developed and patented some leading edge technology
    which hopefully is applicable.
    PUA have a lot of prerequisites eg gold asset sale but are effectively being taken over cheaply with
    massive share dilution. But if everything lines up they could be in commercial production in a year or so.

    It's a fascinating race though and I'm backing both.

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