AZS 0.00% $3.69 azure minerals limited

That may be the case. Of course magnetic separation would help...

  1. 232 Posts.
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    That may be the case. Of course magnetic separation would help improve, but the issue is having to go back to the drawing board to reassess a way forward. The fe content is quite strong. This causes issues when heating/roasting the spod. It is not good. So that needs to be rectified somehow. Which means more time, more money, more process. With what they have they haven’t achieved SC6 quality which is an issue for sale. Yes this is a small sample size, but they’ve used cores that were quiet promising and would probably render a favourable result, but they haven’t. It is of concern. Not being amenable to HLS and DMS is a pretty big deal. It’s a significant part of processing. The flotation of one sample rendered issues with fe and in my view also needs higher grade and recovery. They suggest the other two are similar to comp 2. What happens if they come back as the same, or worse? Time will tell. Issues with processeing means higher capex and a convoluted process to achieving a scalable product. This is an issue when lith prices are down and you don’t have PLS reporting their auctions anymore lol.
 
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