I have been reading negative posts for months saying Gonneville is uneconomic to mine.
We get a positive Scoping Study that shows it will be a profitable "starter mine" even at relatively depressed metal prices and higher interest rates than we have had for years.
The recovery grades aren't as good as hoped by some. It's complicated because PGEs are not normally found at such shallow depths and not in Australia. CHN and potential strategic partners are working to improve these.
These are the positive points I see ...
Gonneville is going to be a profitable starter mine.
Partner / investor news to come.
More drill results soon from deeper, following on from the deeper higher grade discoveries made recently.
I have been reading negative posts for months saying Gonneville...
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