Re; PFS using gravity and flotation without cyanide.
For reference, there is a new Australian company who just installed a gravity processing plant that produces a gold concentrate like MTC will be producing.. the stock code is VTX & gives us a good understanding how the latest technology sorting the ore before processing can take 3gpt stockpiles, use the latest ore sorting technology and turn that into 12gpt before it's put through the processing plant... Recovery rates are similar to MTC +85-90% recovery using gravity only, no cyanide...
We are all waiting on takeover, but the reality of this latest technology ore sorting means the cyanide ban isn't as big an obstacle as feared .
I'm sure Chifeng & ZIJIN Mining China are fully aware of this latest ore sorting technology before putting through the processing plant.
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14.0¢ |
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Mkt cap ! $29.22M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $23.66K | 168.0K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 19008 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 157 | 1 |
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| Last trade - 15.58pm 16/06/2025 (20 minute delay) ? |
| MTC (ASX) Chart |