RE: Small Scale Tailings Production15 Oct 2020 09:44
A lot is going to depend on processing costs, and how those costs scale in relation to more tonnage, there is a point where moving too little is not cost effective.
In addition to that, the 48 hour leeching test is way short of the usual leeching period, and is only to give a test indication, from that there will be standard extrapolations based on longer periods of leeching as would normally be the case, so i'm hoping those figures are on the conservative side.
Only question I have really, is why are the license limited to 900 tonnes displacement, and why have we not applied to extend that figure as they mentioned they plan to, is this going to be another bureaucratic red-tape hold up ?
I do like that they are looking towards longer term facility setup, but again, why are we at this stage having to still apply for permission for this, shouldn't this all have been done by now? doesn't leaving it until you've announced a find put us between a rock and a hard place with the possibility of suddenly starting to find "costs" escalate as people see their chance to milk some cash out of the find.