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clock Created with Sketch. 17/11/22
23:36
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Originally posted by WesMantooth:
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team was sombre but confident. I believe that they believe in the long term plan. And I mean long long term plan. The ups and down in the share price until production could be up and down from where we are now. If I’m reading between the lines they plan to get to over 50mtpa. They will probably need at least one JV partner and share dilution. But they seem very confident (in person vibe) of the future demand for the resource. For those of us happy to wait… HIO plan to limp into production, and work up to meet global supply at the maximum we can produce.
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50 mtpa of concentrate? at 12% cut off grade that's > 350 mtpa mining and crushing operation. that would be an incredibly large operation, surely one of the biggest in the world.
