announcement 29th June 2017 ' the test work showed that for each...

announcement 29th June 2017

' the test work showed that for each tonne of average grade torbanite the residue obtained after pyrolysis and steam pyrolysis constitutes 23% of the original torbanite, yeilding approximately 230kg of activated carbon per tonne of torbanite '

so Neil stated its likely we will have 10 million tones of torbanite back in November presentation and it may even be more when we outstep drill. 23% of that can be refined into activated carbon, so 2.3 million tones at $2,500 a ton i think Neil stated in November video presentation activated carbon goes for...

open cut mining, low CAPEX, proven management. all we gotta do is sit on our hands and let the story play out.

looking for 4-500 million post tax NPV in the PFS a stretch or a true possibility?