RE:No, DL Won't Process Novo Gold
This is the way it will play out - 1. Companies like mine will put 50-500 tph mobile gravity plants in place across the Pilbara -average time to secure permits about 6 months. They will provide bulk sampling and /or cash flow to the various players.(20,000 tonnes at 1oz /tonne not bad cash flow for very low cash costs of production). 2. Bigger fixed crushing and gravity plants will be established -most likely Novo as well as the Artemis mill which can be up and operating within 12 months. 3. Then huge purpose built crushing and gravity plants will follow if the ore is there to support such facilities. All those people who are quick to attack have a look at Mineral Resources -bought the Wodgina lithium operation for a song and with Chris Ellison's 'dig it up and ship it' attitude the first ship sailed to China in 49 days and now shipping millions of tonnes of DSO to China whilst everyone else including the USA are still doing their precious 43-101 studies. Get real -the Pilbara conglomerates are a fast bulk mining situation that can generate a huge cash flow in record time with practical Aussies on the job.
Read more at http://www.stockhouse.com/companies/bullboard?symbol=v.nvo&postid=27029507#28OE7clbpKMSdrb3.99
postid=27029507#vUtf8xv0PkVFYWRJ.99
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RE:No, DL Won't Process Novo Gold This is the way it will play...
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