OTCQX:SREMF - Post by User
Comment by
Bluetickon Nov 06, 2017 4:25pm
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Post# 26914124
RE:RE:anybody not moving a sizeable chunk of their CTEQF profits
RE:RE:anybody not moving a sizeable chunk of their CTEQF profitsHey RJ. Help me out on the IVN board. Bloomfield18 doesn't know anything about CleanTeQ.....YET ! In a post of his I was questioning, he challenged the BMO report on the NAV and NPV for IVN. He said..
That's why an 8% NPV comes in so much lower. NPV only takes account of that portion of the resource which can be mined for a profit, and ignores the rest, which in this case is approximately 60 billion lbs copper that does not meet the minimum grade for mill feed in the 8 Mtpa production scenario. I asked Bloomfield18 what if RF uses the CleanTeQ Clean-iX process on the mine where there will be very little waste ? He said he doesn't know about CleanTeQ ! Put the nice summary you had on CleanTeQ today on the IVN board and educate them folks on CTEQF..Good summary BTW...Bluetick