the announcement indicates that about one third to one half of...

the announcement indicates that about one third to one half of the gold is contained within the pyrite. Biox is a totally realistic pathway if roasting isn't available via another company. The other half of the gold is a combination of free gold available via a gravity circuit and gold that will report to a copper concentrate in the flotation circuit. Yes, if you had an oxide gold deposit at surface of the same tonnage it would be better, but it would also have already been mined! The easy ones have gone or are all tied up or are very very expensive. Glencore took on Masa Valverde, which is big but low grade and deep, just to get an entry in Spain, This one is smaller but at surface, much better entrance, It's definitely a plus for KDL shareholders IMO ! I am thinking to get some more shares.