Did anyone else feel that was an excellent activities report? It sounds like they are pushing forward as fast as possible.
"CBH is not contributing its participating share of the feasibility study costs and its interest is diluting. At 30 September the interests were estimated to be CCR 74%, CBH 26%."
So CBH are not contributing what they are should and are therefore having their interest discounted?
"The test work has produced higher than expected silver recoveries of 92 to 93% by cyanide leaching. Leaching tests have been undertaken at viscosity levels up to 50% without any loss of silver recovery. The ability to operate at high viscosity levels would reduce the project’s water requirements."
That is positive news.
"Work continued on the Wonawinta project feasibility study. RMDSTEM Ltd is the project manager for the study."
Have they noted when they expect the feaso to be complete in any previous announcements?
CCU Price at posting:
21.0¢ Sentiment: LT Buy Disclosure: Held
