AAU 0.00% 0.4¢ antilles gold limited

Ann: Completion Xstrata Review , page-12

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  1. 721 Posts.
    Plough,

    http://www.albionprocess.com/EN/downloads/TechnicalPapers/Albion%20Process%20Update%20-%20Alta%20%202012%20%20(3).pdf

    It's all about the constant temperature - not just heating up the first tank;

    The vessel temperature will approach boiling, however cannot reach the boiling point in a gas sparged system. Gas bubbles formed in the reactor will consist of a mixture of oxygen, carbon dioxide, nitrogen and steam. The partial pressure of the water vapour will be lower than the pressure
    at which water would boil due to the un-reacted gases present. A steady state equilibrium will be established in the Albion Leach Reactor at a temperature below the boiling point of water at the plant elevation. This is typically 2 – 3 degrees below boiling for a well insulated tank, or lower for only
    partially insulated tanks.

    What you probably should be more worried about is the refinancing arrangements with Macquarie Bank in February - will the US$1320 hedge also be renegotiated?
 
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