Ann: Airborne EM Identifies Extensive Palaeochannels, page-28

First 28 Last

Share
Profile

Follow
coldwarkid80

1,263 Posts.

229

20/04/22

23:19

Post #: 60945545
Share

Originally posted by 92electrons: ↑

no that’s incorrect - DYL did not try it out

previous DYL management entered into the agreement in September 2016 with EL8 (was MEY at the time) to use their U-pgrade technology

John Borshoff took up position as MD of DYL in October 2016 and it was because of a change in strategic direction for DYL to peruse a more conventional path to production that DYL decided it would not continue with the U-pgrade technology trials.

The agreement was not even 3 months old, hardly enough time for DYL to test U-pgrade technology on DYL ore body, but following the one initial trial completed on DYL ore - and the positive results reported, MEY, (now EL8) undertook massive Namibian tenement acquisition - so obviously Murray saw something he liked in the initial test results.

John Borshoff in an interview said he just wanted to go in a different direction - taking DYL down same proven pathway to production that he took PDN. In that same interview he was very complementary of Murray Hill and his team at MEY (now EL8).

Nothing wrong U-pgrade from that!

Expand

Doing some EL8 research over the past few years on HotCopper, I'd love to know why the big U Turn 92electrons lol. Funny once a downramper gets their wish and enters their stock how their sentiment changes. Hilarious.

EL8 Price at posting: 74.0¢ Sentiment: Hold Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

SS1

Sun Silver submits US$60M Silver Paste Funding Application to US DoE

Time for retail therapy buying in the shopping Scentre for hot stocks

Eurozone-based companies find new ways to secure a regional lithium supply

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

End of FY is a time to juggle wins, losses and capital gains taxes