It's been a little quiet of late whilst we wait for the confirmation of the dry grinding test work, so I thought I would post a reminder that the wait is almost over.
From the announcement on 18 February 2025:
"Completion of these works is expected to be over the next 6 weeks. Thereafter, the Company plans to release a report containing the final results of these two programs – est. Q2 2025".
Six weeks from 18 February 2025 will be 31 March 2025. From the closing comments from Tom in the interview posted above, results expected to be released early in the second quarter.
To get an appreciation for the potential of the dry grinding process to make a significant impact to the economics and reduced risk on the project, listen to the interview posted above from the 4:00 mark - dry grinding has the potential to reduce capital costs by 30% and operating costs by 25%-30% (refer ASX announcement 18 February 2025 page 3 and announcement 19 November 2024) through benefits including less processing steps, less energy, smaller footprint, no water reduces capital costs (pumping water from nearby underground source) but also its implications for no tailings dam and the flow on to reduce environmental and permitting implications.
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