GREY:PGDIF - Post by User
Comment by
schocoron Mar 29, 2018 3:50pm
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Post# 27805051
RE:RE:RE:RE:Phase 2
RE:RE:RE:RE:Phase 2Don't put too much credence into any of Cudjos numbers at this point. Speculation at best. However your point about a significant amount of the work that WOULD be included in a FS already being done via the PFS at CH6 is a valid one - in my opinion. On the DMS; I imagine they need a permit to operate - I imagine this will be relatively easy to get as Nunavut is generally pretty favorable in this regard. The DMS will need to be produced/procured and sent to site - next winter at the earliest IMHO. Generally, you want about 10,000 carats of sample stones so that you can do a proper valuation in Antwerp. So to make things easy - we need about 8-10K tonnes of Ch1 or Ch44 material to sample. We are not talking about a huge volume of material. The DMS itself needs raw materials to run - ferro silicone being the biggest - and heaviest - input to the process. A couple of tonnes should do I would reckon.