Yes AB, the potential scale of Alpha has become huge because of the Liquefaction processing method.
Prior to the Liquefaction Test 3 results the project was all about 4.6mt of Torbanite only. The 14.0 mt of Cannelite making up the original 18.6mt Mineral Resource Estimate was a minor contributor to the project.
The Jordan University Liquefaction Test 3 results (17.05.2023 announcement) revealed that the conversion ratio for Cannelite from liquefaction is about the same as that for Torbanite.
The latest upgraded JORC comprises 28 mt of combined Torbanite and Cannelite (13.11.2023 announcement).
I repeat - both at the same conversion ratio of around 70% oil & gas.
I think therefore that we can expect 20% ++ bitumen yield from the 28mt JORC (dyor)
This project has SCALE !!!
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