Hopefully results from Phase 2 Parr Reactor testing will be available before the end of December. They say that this will "set the foundation for the March 2023 PFS". Depending upon how much information the company provides in December we may get an idea of the scope of the project in which case the share price should respond!
"During the December Quarter, the Company will complete the expanded Parr Reactor
program aimed at determining the extent to which the cannel coal and torbanite will
liquefy. The focus of this next stage of the testing will be on the liquefaction of a typical
mine blend of torbanite and cannel coal.
Using a typical mine blend will simplify the mining and feed preparation operations.
The expanded Parr Reactor program will set the foundation for the maiden Preliminary
Feasibility Study (PFS) for Alpha due in Q1 2023."
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