Ann: Positive Evaluation of Borehole Mining - Han, page-22

re: Ann: Positive Evaluation of Borehole Mini...
The stated esimate from the BLR announcement for opex of $27 lb, did exclude processing costs.

It is a very good number, but as Binbin points out it is early days, and the PFS is what we need before we can explore likely margins and profits.

Ablation technology is very significant moving forward, as it would mean that we use 1 truck, rather than 10 for moving the equivalent amount of ore for what I believe will be off site processing at the beginning of production. ( Pinon Ridge )

The significance of the Bole Hole Mining process for me, is that I suspect the local greenies ( TAC ) will find it a lot more digestable than the other conventional options.
Fewer trucks ( re above ) moving around the neighbourhood, is also likely to score browny points with TAC.

PFS is eagerly awaited

SwissB