The only similarity I can see is it’s the same slag, if you read the Ann in detail NMT are using new process with two patents pending, DD test have already produced 80% recovery using this new tech, it’s all there in the Ann with timescales for the various studies prior to investment decision.
I’m sure if early studies and costing don’t work NMT will pull it which they have the right to do, however with 80% recovery proven that would seem an unlikely scenario, cost to prove this up are circa $5m over two years, easily affordable, I’m confident this will be a winner for NMT but we will know better once the cost studies etc are done, Loop.
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