It doesn't matter much what posters here think about the PIO business plan. I agree that PIO should not get into warehousing and leasing caesium formate, and I am sure they won't. That is not their core business and would require very substantial capital and employees. However I do think that they could produce caesium formate. The machinery to crush and grind should be available on a toll or lease basis in the vicinity and from there it should be a simple formic acid leach. It is a very simple process and would require little capital. It may be that some of the oil majors or major drilling contractors would be interested in having their own stockpiles of caesium formate. That would be the only processing which made sense.
PIO Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
