Settle down Fish, your starting to smell.
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http://nzx-prod-s7fsd7f98s.s3-websit...921/391370.pdf
Chairperson Samantha has disclosed an on market purchase averaging 1.86c transaction dated 22/3/23. A bit odd if she could have bought at 1.8c from Jonu? From memory the SP was still at 1.8c two days ago but maybe there was a 1.9c component in there during that day and wanted to remain arms length?
Cost. If they can produce a high grade concentrate underground they will be shipping probably 90% or thereabouts less material.
It makes sense when you have low volume production, that's obviously if it feasible. The health & safety will be key as ventilation and toxic fume extraction I imagine will be key.
Getting a truck and container over the Karangahape bridge and on to the Waihi / Paeroa main road would be a problem.
https://www.directbroking.co.nz/Dire...spx?id=5137453
My understanding is that the concentrator would bring the volumes down to more of a ute sized vehicle for transportation
to a processor and toxic waste is not generated. A pilot plant has already been built and trialed and a scaled up version is likely the next step. A link is attached and other background published from NTL around 2019 can be researched.
the railway line used to over the top section of bridge so no problems for a truck
Could you elaborate on this please Elia.
I scoped this out after last time you made a similar comment.
I saw no issue in being able to get 20 foot containers in/out, particularly on a low bed truck.
I can't find any reference to limitations on the bridge by Hauraki district council.
NTL has consent for 4 truck movements a day last time I checked, which is adequate for a boutique operation.
PS.
I specifically mention 20 ft containers as they can take 20 one tonne bags of bulk material.
If a 40 foot container was used, thereby holding 40 tonnes, this would not be legal on general roads, and would require more turning circle onto the main highway, which
may be what Elia is alluding to.
PiB, What a pity that Matt didnt advance this progress from 3 1/2 years ago, IMO IF he had done his job and advanced the mining/crushing we would be in a totally different position than we are now, possible in a cash flow income earning situation !. What was the problem ?
Because the end of the one way bridge is so close to a busy highway, a large truck coming of off the bridge and going Paeroa way, would need to go into the opposing traffic lane to make the turn, and vice versa if getting on to the bridge from the Waihi side. It can of course be done and hopefully the Council would allow it.