Monday 12 February 2018

This ore contains chalcopyrite, sphalerite, pyrrhotite. What risks?

One asked me: "Geologists have discovered a new site. This ore contains chalcopyrite, sphalerite, pyrrhotite. What risks?"

My answer: "The risks are very high. Geologists have made gross errors. Investors can lose a money with this occurrense".

P.S.: I made this forecast 1 year ago (in 2017). They have no solution so far.

What risks do you have at this stage?

The risks are very high. You risk losing up to several billion dollars and getting stuck for 10-20 years in anticipation of a miracle.

At best, you will be forced to build several costly plants to get at least some product. Your real incomes will be one order of magnitude lower than the incomes you expect.

In the worst case, you will not get any product. You lost your money.


Ph.D. Natalia Petrovskaya

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