re: Ann: KMC: Ore Treatment MoU Signed with P... juk
On reading the announcement it seems to me that this deal is with reference to the Broad Dams project (99 000 oz) and others in the nearby area. This secures treatment for 2012.
The recent Catherwood feasibility announcement said this:
"The Study assumes ore from Catherwood is processed at a Phoenix owned and operated facility adjacent to Phoenix's largest Resource at Castle Hill, five kilometres north of Catherwood. However, discussions are ongoing with local operators with respect to toll treatment options which have the potential to bring the project and cash-flow forward."
Other smaller projects such as Rayjax, Nazzaris, Outridge and stockpiled ore may still be the subject of negotiation for nearer term toll treatment.
JIMO of course.
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