Thanks, C L. That was clearly stated. Changes in results require changes in timetables and intermediate term goals. According to Eli the recovery scaling up testing is going according to schedule, and they are about to complete Phase 2. The best news is that there has been absolutely no degradation in the recovery as they moved from a few grams to samples of 15 and 20 pounds. This suggests to me that the likelihood of successfully scaling up to 500 kg is *much* improved, as compared with only a few weeks ago. I suppose significant problems could still occur, but that possibility seems increasing remote. Am hoping for an interim report from mgt once Phase 2 is completed. For those that don't know (or can't remember), the third and final phase will be in the multimillion dollar recovery facility at Lab "X", as described by C L some time ago. If all continues to go well, BD supervised samples in the ton range will be coming in during the last week or so of the month. I would be surprised to see a BD
sign off before March. The platinum numbers will be released only when several "world-class platinum labs" have verified the results and only when there are certified bids for the matrix from refiners. IPM is being extremely (and appropriately, IMO) cautious with the Pt. For now, the Au will have to do; and the Au will do just fine, IMO. Regards, O. H.
P.S. I'm finding all this bickering increasingly tiresome. Those that believe, believe; and those that don't, don't. I'm simply going to go with the flow. We'll all know who is right and who is wrong, or who was overly optimistic and who was overly cautious in a couple of months. Meanwhile, I'm crusin'. |
