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I do not understand why PXG did a toll treatment deal with KMC when KMC in fact does not have any operational plant to process its own ore.

Dale Rogers was the MD of ALB which tried to make a living mining low grade Ni in Africa and ultimately could not do it. I am not not know anything about PXG's other directors.

I think that PXG may be interested in some of KMC's tenements rather than some rusted milling machinery. I do not have an any knowledge about how PXG is supposed to help KMC, other than what someone suggested on another thread, or what PXG is supposed to get for any assistance it may provide.

There is some land consolidation going on in the region with CRK recently acquiring more tenements via a $8m purchase. Unfortunately PXG does not have a lot of cash to spare. If it fails to convert enough resource into reserve and gain revenue from toll treatment then the market is not going to like it.

loki