AUZ 7.69% 1.2¢ australian mines limited

Ann: CEO Letter to Shareholders, page-11

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  1. 675 Posts.
    lightbulb Created with Sketch. 283
    sounds like auz are the ones pushing for sulphate.

    since they don't need the back end - " It should be noted that any P-CAM production facility would replace the nickel and cobalt
    sulphate circuit (rather than being in addition to) given that Australian Mines has been
    successfully producing its NCM523, NCM622 and NCM811 P-CAM material directly from its
    intermediary MSP product without needing to go through the sulphate phase" (29/01/21)

    Combined with the more recent DES studies and the better return on suphates, this makes complete sense.

    https://hotcopper.com.au/data/attachments/4775/4775174-7aa441aa4dc6f9c93444752391c59f1b.jpg





 
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