Looks like Chalice has some atypical recoveries. 90% for copper! wow. Poor PGM recovery though. Also 60-75% nickle and cobalt recovery. I believe the ridiculous market cap of chalice is based on entirely the nickle content. So seeing recoveries of 60-75% for nickle is interesting.
Please note POD's excellent recoveries of 95% PGM (or whatever it is) are all based on oxide material. Which is probably up to 50m depth. Luckily we have 15km of shallow continuous minerilisation. So maybe we can generate crazy cash flow with starter pits before going UG.
POD Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
