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Gold/Mining/Energy : Sarissa Shareholders

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Mar 7 3:00 PM EST

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To: sense who wrote (19)	4/13/2015 8:54:35 PM
From: niostargazer	Read Replies (2) of 103

that quote of $13/kg i reference says for high purity niobium, so greater than 99% purity, not ferronb, which is 60-70% niobium, which i know you know. the key lerner patent if i understand is a way to evaporate and collect nbcl5 offgases from the reagent bed and ultimately 99%+ purity niobium is the end product. however, the global market for pure niobium is relatively small, 1000 tons or less. nemegosenda will not find a large enough market presently to supply only high purity niobium, so they have to look at ferroniobium. I have highlighted the figure of $13/kg, because it showed that nemegosenda could produce high purity 99% niobium for a price lower than any development or production stage company i could find.

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