Thanks mate, I wasn't aware of this. The tests appear to have gone well and then resulted in a licence agreement for DYL to use upgrade?
I think this in itself makes the FID for Tumas pivotal for EL8. For 2 reasons, it provides some third party validation of upgrade and also could lead to revenue for El8 up to $17m USD per annum ($4.8/pound on year 3 production).
From Tumas DFS:
Licencing announcement:
https://api.investi.com.au/api/announcements/dyl/ee370f89-48a.pdf
Does this agreement still hold. I have not heard Murray talk about this recently?
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Last
25.0¢ |
Change
-0.015(5.66%) |
Mkt cap ! $96.40M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.0¢ | $178.3K | 700.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 171387 | 25.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 25000 | 1 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| EL8 (ASX) Chart |