There are two types of assays due, one for drilling which is only relevant to expansion and the other is for the demonstration plant product ( including by products) which may or may not be part of due diligence, the company will have done its own testing but they require independent verification.
There are long delays worldwide for assay returns, so if involved with due dillegence for finance may have some effect but life goes on, its what it is...
Cheers Whisky
L-Max® and LOH-Max® pilot campaign reports have been drafted by Strategic Metallurgy and provided to the project lender’s Independent Engineer, Behre Dolbear Australia Pty Ltd (BDA), for its review. A third report on by-product manufacture is in advanced draft, while the final lithium hydroxide refining report is pending completion of the campaign trial and receipt of assays.
Virtual demonstration plant tours have been run for both lenders and equity investors with further tours planned. Various demonstration plant product samples have been prepared and dispatched to customers for assessment. Further samples are scheduled for dispatch to customers once assays have been returned. Assay turnaround times continue to unpredictable due to high demand and staff availability.
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