Its good to see a bounce in price.
Shipping ore to EHM for processing is an interesting twist. If 3% Cueq ore is processed there, it will become 2% copper ore in rough terms as the eqs go to tailings there. From that viewpoint, there will be less revenue than ore put through their own plant. Unless of course, they only send ore that has little of those extras in it to start with?
However, if the test works out, they can gain earlier revenues from that ore ahead of their own plant being ready and therefore generate some needed cash. The announcement doesn't mention timeframes for real such production though.
It would have been useful to know when their own mine production will start, when full DSO shipping may start and when EHM processing may also start after the announced testing.
Its good to see a bounce in price. Shipping ore to EHM for...
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