It is interesting to note some of Ben's comments from his presentation at Noosa. I can't get satisfactory audio from the replays - any assistance welcome - so I have taken notes from the transcript.
Starting at 3.40 mins into the presentation he said - more or less!
(We need to make allowances for the computer transcript which has many errors, so I give you them too for your intrepretation if necessary - the crux of the presentation is clear IMO.)
3.40 " ... coming from a mining background, getting to port and getting to markets is key for all projects.
3.49 So Arc made the decision to buy, when it came up, the loading infrastructure at Mourilyan Harbour Bulk Loading Port.
3.56 So we've got two ship loaders, conveyors and full access to load (you know, one hole containers, whatever ? vague transcript ?)
(And the icons, a 100% of that infrastructure at the port of rail ??), 380 km from Sandy Mitchell site.
B Double access even, all the way down to the .... ?"
There followed talk of ML progress, with no known impediments, and that they have garnets, of high quallity for abrasives etc, then :-
8.35 "We've got a MOU for an offtake with Currumbin Minerals, they've been processing mineral sand related products for 70 years.
8.45 They've got a brand new Mineral Technologies plant and very keen to take a single source product ........ and we fit the bill.
9.34 We still obviously will be looking at a production profile ourselves - but this does give us flexibility,
9.44 And given that we've got the port infrastructure, we can load a handymax 40,000 ton shipment ...... very easily.
Ben went on to discuss the ease of mining, 12 m of sand from surface. No chemicals or acids etc. and the upcoming SS, PFS and ML in conjunction with a supportive government. He emphasized that the SS was due, and they hoped it would be available at this time.
I find the existence of the port infrastructure very positive, that used to be a sugar loading port, so the machinery etc would be above usual standard and reliable. I do wonder when AHK bought it, as they have other mines in the district west of Cairns !!
So now to the SS. GL all holders, any opinion I express above is mine only and not advice. DYOR.
And finally thanks to Ben and the team for the information. GL to them too.
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