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?
Thanks mate, I wasn't aware of this. The tests appear to have...
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Last
23.5¢ |
Change
-0.015(6.00%) |
Mkt cap ! $90.61M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.3¢ | 23.5¢ | $138.8K | 567.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 148516 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 15297 | 4 |
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| Last trade - 15.06pm 29/07/2025 (20 minute delay) ? |
| EL8 (ASX) Chart |