MCR 0.52% 96.5¢ mincor resources nl

Bacci, the most likely scenario is for MCR to do a processing /...

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  1. 3,607 Posts.
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    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
 
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