Post by
horsewithnoname on May 10, 2024 4:22am
40, 80, 95 or 120 ktpd
Will be interesting to see how much guts management had - last time when Candente was doing the PFS at the PFS stage there was even discussion about the 120ktpd operation, without a CS inclusion - this time I assume parts of CS will be included for ore blending addressing the arsenic issueb- we will see where we are 95 ktpd would already have completely different economics compared to the 40ktpd expansion to 80 ktpd operation as in the 2022 PEA a 120 ktpd however a completely different league.
Also the new drill program seems to be highly skewed towards QV - there were a few old drill holes before - I believe I saw in one of the pre Candente reports. I assume Fortescue experts see a good chance there - anything in QV would be a new chapter to the Canariaco saga and make a big deposit a very big deposit with all the good arguments that come with it to develop the project. :)
GLTA