Given that Greensbushes is currntly on a care and maintainence basis, could someone more acquanted with the mining industry give their opinio on the following:
Would it be possible for Galaxy Resources to do some toll treatment deal with tailson's to use its Greenbushes plant. This could take various forms. For example:
1. One extreme - a life of Mt Cattlin mine toll treatment (thereby providing some possible savings in capital expenditure and possibly construction time for comencement of mine); or
2. An inital short term toll treatment agreement covering the period until GXY's own plant could be constructed. (The benefit here would be to start mining sooner and generate a cash flow during the onstruction phase);
I have looked through GXY's pre feasibilty document but it is not obvious where they culd propose such a proposition to tailson.
Tailson's may not wat anything to do with such a proposal. But they might!
Regards
SP
GXY Price at posting:
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