RE: RE: What's Next on the Agenda?I hope you're right VP. The SP has barely been holding its own this year, although the spin-off has helped somewhat.
FWIW, Andina has had to revise it PEA towards the opposite strategy (they're still working on it in silence, silence being a specialty of theirs). The original PEA was based on heap leach only, and they were unable to get a satisfactory recovery rate to create an acceptable IRR, even with the lower capital outlay. So now they are revising the PEA to reflect the inclusion of a milling operation, which I think adds about a billion to the capital outlay required. People seem to think that this will be a slam dunk that solves everything in a big way. I'm not a metallurgist, so I can only hope they are right in the direction they're taking, and that Tower Hill achieves its hoped for IRR by going in the opposite direction.
Do you know whether THM's M&I resource quantity to date is based on heap leach, milling, or a combination of the two?