Key points
· Pilot test work program has confirmed new Phase 1 mineral processing circuit design
· Program results also support a further refinement of the circuit and improved magnetite recovery now being assessed for further potential capital and operating cost reductions
Comminution energy usage of up to 30 per cent below Stantec’s original desktop estimate
·Findings support a decision to restart work on amodified Bankable Feasibility Study (BFS) for an 11 million tonne per annum (Mtpa) project when funding has been secured
· Preparation of a comprehensive project investor information memorandum is well advanced to support discussions with potential strategic partners to help finance the modified BFS
· Modified BFS could be completed within 12 months after securing funding
cant see why you can't put trucks on the road to start the project after building a port
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
-0.002(10.0%) |
Mkt cap ! $18.29M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.8¢ | $19.72K | 1.042M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 137683 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 147500 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| HIO (ASX) Chart |