Well Rod
I know who you obviously think.
But as I have been informing your smurf friend and with all the musings on the stock you follow it won't be them.
Let me give you my opinion why not since you have asked for input.
No DFS and no date or indication when and if it will ever occour.
A deposit full of magnesium which is spread at depth ( as displayed in anns)making those parts of mineral resource unviable for processing.
No JORC Mineral Reserve.
In PFS trying to state a single autoclave to process up to 2.25Mtpa of ore (the size of this autoclave would be enormous due to at max capacity of 320 days a year due to statutory shutdowns for weld inspections and descaling) this autoclave would have to be enormous eg Murrin Murrin processes 4Mtpa with 4 autoclaves weighing 600T each.
Flip Flopping on processing technique stating in anns dry stacking straight out of clave into pressure filters, then saying in ann this would be unviable then next ann saying they are going to do it. Just for your knowledge autoclaves discharge at between 4500kpa (654psi) to 6000kpa (877psi) through flash vessels which reduce pressure to atmoshperic and temp to 95deg C and ph is around 1.05, it would by flow processing method go into pressure filters unneutralised. Hmm the SS or specialty alloy required to even attempt to do this would be prohibitively expensive to stop the acid eating it away.
A met expert heralded by company exiting stage left unannounced after product was processed initially at Simulus lab then taken elsewhere for final processing. Hmmm AUZ managed to process to Ni and Co sulphate in a single flow process thru the Simulus facility ( damn magnesium hey).
No updates thru anns on KPMG looking for a OT partner ( I suppose when anned gone into hibernation, no BFS, no JORC Mineral Reserve, no " expert", Vale pulling out of testing that deposit in 2000's after testing, flip flopping on processing technique this is probably to be expected).
I can go on but these are the main points. ALL IMHO.
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