RE:RE:Predicting the next ‘pivot’Go read the terms of AIDEA funding, I've posted them here, they are subject to Ucore submitting a viable Feasibility Study, why do you think they have been sitty on the shelf for years?
As Hammond spelt out clearly, Bokan is a very long way from viable, which Ucore did not contest, in fact they virtually confirmed it by immediately scrabbling in the tailings for traces of anything else they could spin a story around.
Like everything else Bokan the grades are minescule, the costs of recovery would be well in excess of any sales value.
Typical of Ucore, all gloss and zero substance, AIDEA may want to help but they ain't giving money away without substantiation of a viable business, and in over a decade Ucore has not provided a single piece of hard data that might suggest it will ever be a business.