good time to get back in right now. Price is around the acquisition of Nifty price.. and yep for sure different process but slight similarities.
if we aren't going to operate at 90 degrees Celsius then I'm confused why they chose to share this info? It can only be to show very quick leach times to include in the presentation.
kinetics increase with temperature for sure. From a little research I found it is not uncommon to leach at a higher temperature 70-90 degrees. But I'm not sure this achieved at ambient temperatures with no addition if a power source for heat.
I struggle to believe that the exothermic heat brings the overral temperature up by that much. The heat generated from the chemical reaction I'd expect to see around 60 degrees but not 90. I wonder what the extraction time would be at 60? Surely they have tested it. Could be they needed more heat and therefore had to use more reagents and not another heat source. Who knows.
Without knowing what reagents they are using it is hard for people like us to know. Could be worth contacting the company as it could be a big expense paying for a heat source i.e electricity during production?
On the other hand management have been experimenting with all kinds of parameters and volume of reagents so I'm going to say they are progressing well and we will have more info in due course and the figures from these published tables should only get better from here.
I particularly like this part of the announcement
By optimizing this early on will set us up for a great deal of success.. It seems they have found a cheaper less harmful reagent that still provides a high extraction rate and low reaction times.
Nice seeing the SP rise! That market depth crocodile cracked me up!
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