AAU 0.00% 0.4¢ antilles gold limited

Actually PnB, PGI wouldn't take the IP in China to the grave, as...

  1. 906 Posts.
    Actually PnB, PGI wouldn't take the IP in China to the grave, as they only have a 5 year license from Glencore for the exclusive rights to construct the Albion Process in China. Without the license PGI's IP would be dead and already buried there.

    From the AGM, BJ said that he is trying to extend this license to 10 years but to get this opportunity we can expect to see more than one plant set up in China in the near future.

    Also from the annual report,

    "The mining company has indicated that if the first plant constructed in China is successful, the concept could be repeated in the future on their extensive portfolio of refractory ore deposits". page 6
    Last edited by Tiggles: 28/06/16
 
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