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Surely it would be on TTS's mind that if ORE cant get to 17.5k...

  1. Quiono
    693 Posts.
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    31/10/18
    17:00
    Post #: 36337163
    Surely it would be on TTS's mind that if ORE cant get to 17.5k tons on stage 1, why would they pull the trigger on stage 2? I don't think the Japanese will give the go ahead without improved processes on stage 1. Similar performance levels applied to stage 2 would produce around 27k tons. ie an extra 9-10k over stage 1 nameplate. That is a big investment for that kind of return.
    ORE Price at posting: $3.33 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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