RE:RE:warrantsI am also hoping they can do this this year: Quantification of exotic PGMs (rhodium, iridium, osmium and ruthenium) 4 production represents an opportunity as these metals occur in concentrates produced during metallurgical testing but are not part of the Mineral Resource Estimate and, therefore, are not included in the economics of the PEA.
Recent metallurgical testing demonstrated a 10-13% increase in total PGMs reporting to the
concentrate when exotic PGMs were included.
With secondary processing and exotic pgms, total pgms could increase by 30 to 40%?
CashIsKing16 wrote: I agree the big 3 reports have not moved the needle at all and that has been disappointing. Partly due to the terrible market in past 6 months. WG went down a little while others have gone down a lot more.
4.5 or 6 months is a long time and anything can happen:
1) Market (base and precious metals) starts going up
2) Drill results. You don't think wg will release drill results in 4.5 or 6 months? They should start drilling in March or April, 1-2 months from now.
3) New met results. Secondary processing of the flotation tails using other nonstandard methods sounds interesting. Up to 30% of the total PGMs are believed to be contained in the magnetic flotation and cleaner tails in the 2015 PEA and preliminary testing ofpotential PGM recoveries of over 90%.
4) New full brokerage reports from current and maybe new analysts should be coming out in a week or so. More SA or newsletter articles too?
5) PR about a strategic partner or off take agreement
6) People are stilling digesting the PEA info plus full PEA will be released in 45 days.
Any one or two of the above can drive wg share price higher. Or there may be something else I haven't listed.