EM1 0.00% 0.9¢ emerge gaming limited

usd $1.286 billion resource

  1. 8,034 Posts.
    Thats just the Tantalum valued at $80 per pound, it has hit a peak of USD $365.00 per pound a couple of years back.

    The dramatic supply/demand picture that developed during the course of 2000 serves to underscore the view that additional primary resources of tantalum must be developed in order to meet historical demand growth and offset falling production from old tin slags.

    Demand is expected to maintain its upward trend at a growth rate of between 10-20%. Although the electronics sector is currently experiencing a slowing in the growth rates experienced in 2000, PC sales are forecast to grow by 10% this year, with a 4% increase in capacitor content per unit. Mobile phone sales, although a significantly smaller end-user in tantalum consumption terms, are looking to grow between 12.5 and 25%.

    Although expansion of production capacity is planned for existing operations, maintenance of the historical demand growth rate will see a continuing tight supply. To put the additional raw material supply requirements into perspective, the current production rate of raw material from established producers generally ranges from 150,000lb Ta2O5 to 220,000 lb Ta2O5 per mine per annum. In order to meet demand forecasts, it will be required that at least the equivalent of 3-4 new operations of this size come on stream each and every year.

    And they have a market cap of $5 million AUD!!!!

 
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