BBX 0.00% 24.0¢ bbx minerals limited

"The fact is you don't know if the metallurgy is unreliable."...

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  1. 11,185 Posts.
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    "The fact is you don't know if the metallurgy is unreliable."

    Actually the company has said this

    Despite extensive development work conducted in laboratories in Brazil, Australia and Canada BBX has been unable to produce consistent, reproducible analytical results from mineralised rock located on its Apui projects.

    If you can't produce a consistent or reproducible analytical result the metallurgy is unreliable by definition. Remember the metallurgy is the assay technique.

    I have not said give up on trying to produce a reliable assay so your AIDs analogy is not relevant to what I said. I've said stop drilling holes until you have an assay method that works reliably to test them or just drill a limited number of test holes to use as a basis for further study, not thousands of metres.

    I'm a shareholder here as well and that's how I think the money should be spent. It is called risk management. You crawl before you walk before you run. Esh
 
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