id guess that the reason why they haven't gone for the HM4 option on the tails right now is because it won't/doesnt work
the obvious answer is usually the right one
i reason that this means they will need another approach a la CIL at some point
is 8 mill from magna enough to set this up
i have no idea but imagine it might go close?
any takers
?jim
?salt
anyway the delay here won't be the money but the approval time so i don't think we shouldn't hold our breath and see that as the solution to short term survival
it took forever to get the gravity plant approved and running
so how to survive between now and then?
i like to assume the best outcome otherwise i would have buggered off years ago
so current gravity plant getting 70% on HM3 at 25 ton /hr for 6 hrs a day with 15g/t fully diluted ore is about 53 oz a day
plus some good news on the exploration front that could come from many options at anytime
hoping for a green week
good luck to all
OGX Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
