RE: BMW ordered EV battery cells for over $11Billions22 Nov 2019 16:18
Truth? dont know Daz.
If I was to speculate, id say that the bulk sample sent is from the area that required flotation to achieve the grade. Remember the bulk sample was already in the port before they announced that they had changed the focus of first production to the smaller, better quality area (i apologise as I cant remember which area is which and I dont have the time at the moment to put the correct names to my comment).
That would mean that what is being tested is the larger resource that requires greater processing and the lions share of the CAPEX.
If you wanted to be negative you would say that it looks like we will be designing the dms, and first production off the lab tests....
If you wanted to be positive (and you know I fall on that side) you would say that we are getting real plant data to support the design of the "difficult" , "Expensive" and "Risky" section of the plant, that is KEY to supporting an acceptable 9year LOM (i.e. as BiB has rightly stated, a 3 year mine life would not get funding).
Sound reasonable? it is just speculation though.