RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Low grade Ore? No, Lid wrong again.Quote from Richard Hammen on the matter of SPE vs. MRT input costs:
"The IBC website reports typical loading rates of 0.2-0.4 Liters/minute/kg of resin. The process reported in UCore’s PEA, was operated at 7.9 Liters/minute/kg of Intellimet-SPE material. In my experience, this 20X difference in operation speed will result in larger systems which have higher related CAPEX costs. If UCore is making claims to the contrary, I think we will all be interested in seeing the engineering basis for these assumptions. It is therefore our view, and a view that has been substantiated by a plethora of operating data, IntelliMet’s SPE technology has decisive capital and operating cost advantages over any other metal separation technology on the market".
Ignore know-it-all pumpers and pay attention to reality.