Post by nozzpackon Feb 05, 2025 5:45am

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Post# 36437950
Pine Cove Mill..600 TPD Reserved for NFG ?
Pine Cove Mill..600 TPD Reserved for NFG ?It has been stated that the Pine Cove mill wil be initiallly restricted to 700 tpd.
There May be valid reasons for this .
I have queried why but no response todate.
We know that a gravity concentration circuit has been installed at the Pine Cove mill.
Mett tests of QWN ore used gravity concentration ...HD did not.
NFG has a tolling MOU for the Pine Cove mill.
NFG has just brought in two executives who are mine operators
NFG needs to begin earky production to move to the higher valuation as a producer and to reduce further equity dilution .....and the Pine Cove mill is their only option.
This is speculative but is logical and makes economic sense.
Just sayin..