The ducks are lining up for these guys. It is all going to come down to the economics now. I believe they have enough tonnes and I have no doubt they will find more.
To me the critical component is going to be the metallurgy. They have around 35% IAC extraction and the rest is with an acid leach. So acid consumption and the type of leach process will determine the overall yield. So far they have only done small scale lab leaching work which comes with caveats. My concern is how leachable the clays will be under a heap leach situation and how viable such a heap will be.
Time will tell and I have no doubt the technical side will be engineered out.
Only major risk is I see is the Government. Fingers crossed and good luck to us all.
The ducks are lining up for these guys. It is all going to come...
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Mkt cap ! $48.31M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
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| Last updated 15.58pm 14/06/2024 ? | |||||
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