Ann: Cassini continues to grow with more high-grade intercepts, page-11

Bacci,

the most likely scenario is for MCR to do a processing / tolling agreement with BHP for the sulphide ores .........

again, (imho), the most likely outcome is for a better deal than previous OTPCPA's (circa 65% ) ......given BHP has the option of making a different product (provided the ore meets certain specs).....

possible to do a deal with POS ......albetit plant effiecny wouldn't be "high" with only (relatively) small volumes going throu it .......and it doesn't have a flash smelter alongside .......

oxides - revensthorpre facility my best guess ......

doubt that MCR would consider building a concentrator plant at this stage (imho) - due to capital constraints .......

perhaps Cassini could be 1st cab off the rank - given how shallow it would be to 1st ore ...........

rgds
V_H