I am not surprised that a company that cannot complete a PFS on vanadium, titanium or iron cannot now complete a PFS on HPA.
Remember, the PFS has morphed every couple of quarters from a conventional mag sep vanadium mine to a hydrometallurgical vanadium mine, to vanadium, titanium, iron, to V, Ti, Fe plus Al, plus Mg, to a HPA mine with V, Ti, Fe, Mg co-products, to no co-products, to a HPA process independent of the ore deposit, to a toll treatment option for precursor chemials that the cheer squad claims can be bought on market, done in Perth, no acid plant in the kimberley bingo bango, get on board the money machine toot toot.
So, the way it seems to be going to me is that the PFS is like a set of praer beads - you keep shuffling them and praying that something commercial turns up, but you never run out of prayer beads. But so far?
Speewah VTM via pyromet? Not viable.
Speewah vanadium hydromet? not viable.
Speewah hydromet V-Ti-Fe? Not viable.
Speewah V-Ti-Fe-Mg-Al? Not viable.
Speewah Al only, store the VTM? not viable.
Speewah without speewah at all? Current focus.
lets hope that taking Speewah out of the equation entirely can solve the problems.
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