TTR tectonic resources nl

I am pretty sure RAV8 Infrastructure is still there. There was...

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    I am pretty sure RAV8 Infrastructure is still there. There was talk initially of it being used (with necessary upgrades) to process ore from Phillips River via a haul road. Then it was to be relocated to Phillips River and whether that will still figure in the new engineering design/feasibility work being done we will find out later.

    Remember Mincor still have some dollars to spend in exploration on the RAV8 tenement (they have to spend $5m in three years to earn a majority share). So I would imagine a reluctance to move the infrastructure or sell it until the hunt for nickel ceases.

    Next time I am in contact with Steve I will ask him what is happening at RAV8.

    Also of course the Ravensthorpe accomodation block has been recommissioned and is being used by another company (Mt Caitlin project) This is generating income for TTR. This is a smart move as the 80 odd person accomodation block will be ready to go when needed for Phillips River. TTR is starting to employ some extra staff for geological ground work so they will probably use some of this accomodation also.
 
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