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1.8¢ andromeda metals limited

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Digger01

424 Posts.

577

08/08/19

09:16

Post #: 39916033
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Originally posted by wombat777: ↑

Great post @Digger01 !

Thanks for the contribution of experience.

I summarised the key testwork here.

https://hotcopper.com.au/threads/pe...4876723/page-13?post_id=39821227#.XUtPhyV_XDs

That’s excluding the work that was done when JM was helping Minotaur 5-10 years ago.

I think some elements of the scoping study will effectively be to feasibility level because of all the test work, bulk sampling and commercial scale trials done.

This has also given them key inputs necessary for mine design and planning which also informs permitting.

I don’t expect the transition from scoping to full feasibility to be long. No more than 6 months and maybe optimistically 3 months after completing scoping.

I don’t expect a long drawn out process of PFS and DFS because of the simple processing they are planning.

Since no tailings storage is required that should make permitting easier.

They have already drilled ground water monitoring holes to inform permitting.

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Thanks Wombat777.

Learning every day from you and others.

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ADN Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
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