"The ore sorter is a game changer with little capital expense"
Obviously your talking about the X Ray sorter. I found it amazing they are going over previous "sorted" ore that was thought to have recovered the wolframite and scheelite. Prior miners to SEI employed a new technology, which back then was called Optical ore sorting, which basically sorted the black on the quartz and dumped the rest. NOW we are going through that same dump and finding that the quartz has excellent visible ore under the UV of the X ray sorter. Awesome !
Another snippet I heard was they have found piles of what seems to be ROM material left over which contains much higher grades and it probably didn't go through their OOS unit. Interestingly they have recently blended the two (lower and higher grades ) together to see how the x ray sorter differentiates --- same ! which means to me they will easily be able to expand without running 2 operations on the same site.
All the partners sound very excited and are rock solid. Great to hear and look forward to seeing an expanded throughput which translates into cashflow.
SEI kicking PRODUCTION goals with a low market cap of $32 mill
SEI Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
