The recoveries for this heap leach operation seem rather low and using grades of below 1g/t. No credits as well. Costs per oz would be pretty high.
CIL would work but that would require quite a bit of capital.
At this point... i think NEX is stuck until somebody fronts up the cash.
Toll treatment should bring in 6m+ but will probably be burned by the end of the year.
Market cap 10m for their assets but no future imo... just burning investor money. Best hope is a takeover.
The recoveries for this heap leach operation seem rather low and...
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