RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BEVsHello Jim (and others)
My original post re BEVs was sent tongue in cheek (a while ago) since (so far as I know) NVO has not explored the use of BEV's for Beatons Creek ore transport to the Eagle processing plant and as you pointed out in any case the ore trucking is provided by a third party so why would they worry?
However there is a serious point that crossed my mind related to NVO becoming listed on the TSX. This has its merits as being "a promotion" to another league, but also places Corporate Governance requirements at a higher level.
Some large cap miners have set policies regarding the minimisation of emission of greenhouse gases setting intentions to reduce them by a certain dates in the future. Many have ESG statements re how they will operate their businesses going forward (ie to make profits but also to conform with an ethical code.)
So, if as we hope, NVO progresses to major status it will need to address ESG issues.
Two thing springs to mind that are very positive for NVO on this front are
1) Using the sorting technology to minimise water use when concentrating ores.
2) Reducing transport costs by concentrating ores in situe, thus reducing the amount of concentrate that needs to be transported from the ore body to processing plant.
Probably not worth the NVO Board's attention right now. Getting gold production running must be the priority. BUt mark my words ESG will not go away!!
Apologies for my reference to "Irv" which I looked at a while ago. As I understand it
the deposit is located in an attractive location. Japan has a high density of population. In the UK where I live it's very difficult to secure planning permission for mineral extraction from such areas. Hence my concern. Equally there are risks that NVO's sorting technology may not work which I've accepted. Each to their own!