However, for clarity, the metallurgical testing did not relate to disseminated ore directly. It related to poor recoveries from oxidised disseminated mineralisation. The good news about that is that the oxidised disseminated mineralisation was estimated at approximately 5% of the volume. More the point about the test results, they did not contain % quantities of cobalt and PGEs which was part of the purpose for developing a process for treatment and recovery of those metals.
As to tonnage of ore at Stricklands, I do recall various estimates from posters who tried to cobble together information from announcements and analyst reports. From memory, the guestimates ranged from 8kt to 15kt.
Also from memory, there were guestimates that nett profit could be in the order of $150,000,000 to $350,000,000.
Until we see the data, its anybodies guess.
cheers Mulac1
SGQ Price at posting:
9.6¢ Sentiment: Hold Disclosure: Held
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