MNS 0.00% 4.2¢ magnis energy technologies ltd

MNS Vs TON, page-131

  1. 2,082 Posts.
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    Hi Leapzig,

    I do not know. But I assume that block F alone will meet the needs for pre-feasibility. We have intercepted over 50m continuous mineralization in block F here and there. It looks like mining will happen in block F initially. Block J, which is just next to block F has some high grade ore. If the met results from block J comes good like block F, blending ores from F and J could be an option to bring down opex. I do not have any worries in terms of mine development. The master, Frank Houllis is leading the project. He will get things right from the beginning, overseeing metallurgy tests, feasibility study, mine plans, etc. Minimizing all the hassles afterwards like changing circuit designs etc.
 
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