En echelon. Metallurgical testwork is not that expensive, it just takes time. To get to Feasibility standard a company might spend $100k or up to $200k for this style of project if the metallurgy is complex. This is not a large sum in the context. however if the initial testwork gives poor results ..... it could weigh on the share price..... the market will shift its focus from the reported head grade in the resource estimate to the recovered grade after processing. If recovery is only 60% then there is a big difference between the two.
Gosouth
AZS Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
