re: Ann: EVG Updates Financial Forecast for L...
Hi BB,
Albion is a process to extract metals (base and precious) that are locked in sulphide based ore. Thus with the correct flow sheet Cu would also be extractable.
However, if the Cu is in oxide ore then there is no need for Albion. The LL plant, again with the correct flow sheet would thus be able to process both oxide and sulphide ores.
I found this out talking to MR from BSM who have a large Au-Ag resource in a tailing dam in Tasmania and are also considering which approach to use to get at the metal - Albion being one option. BSM worth checking out as an aside.
Split - sorry mate, didn't ask about the drilling schedule. I think, though, that BJ is very happy with the Papercorp partners in particular - very well connected family and he is thinking big things for Ecuador.
As alluded to in today's announcement I think we will find out more about Azuay next week (maybe not the drill results but definitely the game-plan).
Cheers John
EVG Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
