If Mt Peake cn be paid back in 3 years, which the revised FS suggests, then regardless of the grades, mass or feedstock comparisons et al, then TNG should develop the deposit. BBI will ionly produce a royalty and TNG will make a great deal more money from mining and processing its own tenement.
You provide an interesting, knowledgeable and very welcome input, at atechnical level not seen on this forum before. I feel that you are also questioning the TiVan process, whereas SMS have described it as "bullet proof" after 2 or 3 years of working on the process.
It also seems you are suggesting that TNG would be better off advancing the BBI project and forgetting Mt Peake.
I beg to differ.
TNG Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held