Loan Funding V Equity issue pros & Cons, page-37

sb, but they don't have any NCu, Co or mag! So why would they build such a plant .... but they do have 13mt at 4.5%Cu and 1.8g/tAu so their smaller plant will produce three times the CuEq tonnage p.a. of CDU even though it is half the size, with a proven process which is profitable. That's why SFR is rocking, and Rocklands is floundering. At an unknown cost with constant variations to the original design. Recipe for disaster. If all that work on bulk testing failed to pick up what was required for the crusher, and failed to pick up the need for an ore sorter, what hope does the rest of the process have? Looks like my questions to PH, which he refused to answer, were right on the mark.

malmac, perish the thought! But you don't strike me as the easily intimidateable type