Half right - 95% into concentrate (met. test announcement) x pay 90% = 85.5% and there is a possibility that they could get more than 90% pay rate. For a normal refractory process, similar numbers (slightly higher recovery from concentrate than pay rate but close, depends on treatment route). No capital and subject to float tail leach tests, maybe no cyanide on site. Also, it looks like the initial tests have been focussed on getting the Sb sorted so they may even get higher gold into float con (the gravity is also interesting) Will be interesting to see what unfolds as this progresses
NWR Price at posting:
16.0¢ Sentiment: None Disclosure: Held