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Gold/Mining/Energy : Global Platinum & Gold (GPGI)

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To: Mike McKay who wrote (7694)10/1/1998 2:54:00 PM
From: Laser  Read Replies (2) of 14226
 
>>The objective is to have the plant ready to go to a 50-ton per day production mode as soon as we get government approval. From a technical point-of-view the system, methods, etc. work.<<

I don't think so. The 15 TPD hasn't proved reliable, so how can we assume a 50 TPD operation would? Let's face it, in reality the process is not reliable and scale up won't fix this problem.

>>In my proposal to Mr.Jensen I am recommending that a 50-ton trial be initiated as soon as we have government clearance. This 50-ton trial would be reported in detail with respect to cost, profit, etc.......<<

So the numbers from the previous pilot test are redundant, so let's throw out some newer ones. I cannot believe what is happening here. Instead of fixing the process problems at the 15 TPD level, we are now going to proceed to the big time regardless. Time to spend the investors money wisely and hire a consultant with some expertise in current PGM extraction.

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