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clock Created with Sketch. 04/04/15
11:22
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Originally posted by mrplough
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5th Feb Ann:this pilot plant is to establish the parameters for upscale to a full commercial refinery, not to prove the extraction of the three products which we achieved in the pilot run at the Pre-Feasibility Study stage . This is why we are fortunate to be able to use the facilities at the CSIRO in Perth, where they have a large hydrometallurgical research complex that allows construction of scalable pilot plants. CSIRO and METS have been instrumental in some important design changes leading up to the final construction which have further optimised and improved the process flow design criteria and should result in improved recoveries and a lower overall capital cost. I do also point out that this is not a race and sometimes matters outside of our control can cause delays which are unfortunate but do not detract from our final goal. TIVAN® is a superb, innovative process and I am very proud we have developed this in such a relatively short timeframe. ton of money burning a hole in my trading account.
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I also hope that there will be a pullback of the SP, preferably back to the low teens (10 to 12 cents ) so that i can get back in again. It could happen if there are no positive announcements for the next few weeks.
(20min delay)