re: Ann: Hellyer Operations Continuing Strong... "Bass has also gained access to Intec’s historical operational data on grinding/flotation of the Hellyer tails to produce a saleable bulk zinc/lead/silver concentrate, together with Intec’s proprietary testwork data relating to the Hellyer tails at its $10 million Burnie Demonstration Plant, all of which information may be relevant to the Company’s own Gold Recovery project. Consideration for this information is an increase to the royalty rate from $2.5/t to $3.5/t from 1 January 2012 and an increase to the royalty cap from $5 million to $5.72 million".
So that gives a pretty good explanation of this matter we'd been discussing the other day. Hopefully this new data will be useful in the months ahead.
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