RE: Interpret a George RNS26 Jul 2025 18:31
"The plant OEM and the reagent supplier have been able to identify specific reasons for Zulu's previous experienced poor recoveries and grade. At this time, we believe that certain operational changes, particularly related to improved management of particle size in the comminution circuit, could effectively address this and some contamination issues"
Very good to hear that the team of people they brought in have identified the issues and looking to adjust and retest. Hopefully they start the next test run very soon.
If this turns out to fix the problem, then I will expect to see Glencore definitely signing the contract and if this happens and they do pay the debt, who knows how much the sp will go up. We may see it go up to 0.040 from 8am Mon. with just the last rns and further when news of the plant test run starting up again. All good imo