Claude, to expand on your point, each ore is unique and the extraction mix of flux material, the best extraction metal, interfering metals, additional PM's in the ore all need to be determined to come up with the most efficient and cost effective formula for recovery. And there are literally hundreds of combinations making the discovery phase somewhat challenging.
After a final format is arrived at a pilot plant will need to be in operation to prove scaleable recovery and that alone could take several months to get the correct equipment in, the recovery line built and put into running order. Even then, the material used for the recovery process will need to be drilled and processed by a third party to ensure COC and therefor reliability of the recovered material.
This is important to understand if for nothing else to have a realistic time frame in mind for how long it should take to really KNOW what MINE has. There are many, many explored properties around the world with lots of PM's, but because of low PM concentrations, expensive processing costs or difficult geographic challenges, are never mined because profits will be too low.
And the kick start to it all is a reliable report which justifies the extensive investment in proving scalable, economic recovery. And that report is what you seem to want to see and what I also need to see. I am just not convinced that an internal report will accomplish that goal for the Market with a capital "M". The recent history in mining has put incredible pressure on providing absolutely reliable, third party proof before general interest is driven to a property for large institutional investing. And without big money or one of the Majors, it becomes a very long, very costly process to end up with a producing mine in any volume that can really move a stock price.
Yes, much work needs to be done. Patience is a virtue and in mining exploration and discovery, patience is absolutely necessary.
Regards
Tom
Sorry sunset, but that was really my last post. |
