BBX 0.00% 24.0¢ bbx minerals limited

Evidence based speculation, page-53

  1. 11,185 Posts.
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    The metallurgical process from that announcement which involves the pre-leaching concentration of the gold makes more sense than the latest scheme where the pre-leach step has been missed. Maybe the scheme in the latest announcement is more focussed on producing a reliable assay scheme (at any cost) rather than a economically viable metallurgical extraction process. The lines between the two seem to be blurred in all these announcements. The need for a reliable assay scheme is vital for the company’s ability to drill and publish a JORC resource for the mineralisation. I doubt you will find funders to finance a mine and processing plant of any scale without a valid JORC resource in place. Maybe BBX could approach Austin Power’s GoldMember for finance, he looked like a real goer.Esh
 
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