Exactly
I believe (of course just a guess) the larger investors and "a syndicate of leading domestic and offshorecommercial banks"
have certainly spoken to Peter Holmes.
He will have explained in detail what the special features are and how POX can work.
(I would have done it before making an investment decision.)
Remove doubts and show that there are solutions to problems.
Various plants have been running successfully for years.
And DEG will certainly have informed itself about the special features of a POX system.
DEG was able to raise the necessary funds and secure the credit line.
If the big players at the table don't have a problem with it, why should I?
PFS Sep2022, P.13:
Hemi ore has the advantage of generating alow (8%) mass pull sulphide concentrate as feed to the POx circuit. This reduces the POx throughput to0.8Mtpa compared with the overall plant throughput rate of 10Mtpa.
Gold Price, page-578
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Last
$1.21 |
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0.055(4.76%) |
Mkt cap ! $2.899B | |||
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