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13:38
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Originally posted by Felix1965:
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RAF I believe you’re correct in saying we’re back to being an explorer. I think Quiono is correct in suggesting the feldspar is uneconomic to mine crush and ship. I also think that PIO identifying 700,000 plus tonnes of feldspar is also pointless as it is simply not economic. The Petalite and lepidolite might be worth the effort, but nothing forthcoming from DC yet. Pushing the feldspar aside for a Stage 2 mine to extract the lepidolite might still be viable, but that’ll be an announcement from DC.
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PIO had to have something to convince the Mines Department to grant them a mining lease over a parcel of land 500 metres long. They had to present substantial evidence that it was economic to mine what lay below the surface of the granted mining lease. This is not a simple thing to achieve.
