To be fair, their PEA is based on 10kTpa over 16 years, so they’ve made a reasonable allowance for some of the brine being uneconomical.
My issues are more that (according to holders here at least) they could have continued drilling deeper to prove a bigger resource and didn’t. Who stops exploring in the middle of a target zone?!? Also they withheld a lot of information from Primero that just destroyed any credibility of the costings. They should have put Primero under an NDA and proved to them that they can build a plant for ~60% of typical industry cost.
Just imo. Still watching with interest.
To be fair, their PEA is based on 10kTpa over 16 years, so...
-
- There are more pages in this discussion • 702 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
