lolMay 10 2012
Minus -10 mesh ( ultra fine )
150 Kg
composite blend https://www.paidpromotionalmessages.com/companies/news/86078/prophecy-platinum-unveils-successful-metallurgy-results-from-wellgreen-28945.html#google_vignette Just before PFS Video 3 months ago Prez has high confidence with metallurgy and project is ready for, PFS
https://www.youtube.com/watch?v=FN0Ic8qcysA In this same video above Stew mentions working with Gov't.
They'd need 400 - 500 employees.
Since when - would a concentrate operation need 500 people ?
Which begs - is the PFS capex configured as, Matte plat but only
concentrate values ?
Is this why NCP is gung ho proceeding to, FS because they're
concentrate is configured to a quick transferrence of, Matte ?
Even Friedland ( Galactic ) or All North modelled Wellgreen for, Matte.
2023 PFS PRESS RELEASE
Future Opportunities and Value Enhancements
The PFS also identified a number of potential optimizations to the Project. These include:
- Working with energy providers and Yukon government and other stakeholders on an energy strategy to reduce the costs for the project;
- Additional metallurgical testwork to improve overall recoveries of all payable metals where a 1% recovery improvement represents approximately an after-tax $111 M improvement to the NPV at a 5% discount rate; and
https://ceo.ca/@newswire/nickel-creek-platinum-announces-positive-pfs-for-its
Todays VRIC Video
Onward to - FS
After stating additional metallurgical test work in 2023 PFS
In the 2011 / 2012 MET studies
They explain they had similar results with course + fine grind.
Yet.... ( big sigh )
There's so many ways to look at a MET study.
Processing ores from scratch, and repeating same model while
creating several values in several concentrators / tailings.
Too regimented, why ?
Because the extraction is already modelled with a ( fixed ) format
of concentrators.
Take for instance, 2012 MET study revealed they could pull 60% of
plats with iron.
( Reminder ) As the 2012 proactive article states,
They go on to achive a copper / nickel pgm bulk con.
And mention work on, exotics.
Stew promised exotics pre pfs - post pfs where are they ?
Like the FPX process, here is where smarts come into play.
One keeps this separated.
- less mass has now been separated
- easier to separate and flot remaining
- repeat each time ( ( pull, separate, pull separate till... waste )
Fast Forward 2023... what we find is,
plats end up in a several concentrates.
2012 MET studies,
also mention how PAX removes the magnesium.
Like.... why not work a PAX angle from the start...?
16 - 17% Mg removed from core mass being processed
= less mass = better recoveries for remaining minerals
Same goes with, 2012 mentions floating the silicates.
- pull 60% plats and iron
- pull Mg using PAX
- pull ( float silicate ) send to fine grind + acid = capture ss nickel.
- regrind remaining repeat
No matter the extraction Co or Prez.
Begin anew with new Prez and new extraction
= different results.
I agree with course grind ( first pass )
They're heavies ( understandable why so much associates with irons )
Pull ( plat + iron ) keep separate what you captured.
Don't put it back in the mass, to end up back in a concentrate.
= Diminishes value of plats
No more metallugy yet 2023 pfs said ???
Mention FS but not this year ???
omg.
I can't discount that they might model Wellgreen with a FS Matte.
Instant correction as per valuation.
But... what would investors say - waiting years - seeing only basic concentrate modelling
2012 Report
Begin page 275 forward
Grades are higher in sulphides + peridotite
Sharp eyes will see the ( mm )
https://secure.kaiserresearch.com/i/jk/tr16/TRNKL20120801.pdf
My emphasis is,
Course Grind ( pull heavies ) i agree
PAX pull Mg ( all of it )
Float silicate ------> off to fine grind and acid bond
Regrind remaining - repeat
Many more questions should've been asked.
VRIC Video
Souns like - Stew - is also waiting on, better prices.
What's the perfect counter to this ?
Aligning the Wellgreen minerals to a Hydrogen Energy Sector.
Pair with Hydrogen tech
= Guess dreams don't always come true.
If 400 - 500 workers are seeded in the minds of NCP,
what if future FS is modelled with Matte ?
Would it be fair to current shareholders ?
Certainly not.
Only those in the know collecting cheapies.
What would the PFS look like with
Nickel matte
Magnesium credit
Exotics included
Cheers...