How do figure that 'Americans' would use the water once it got to California?
Hey 'rockbut', have you ever run a concentrator or a metal recovery unit? Ever done any yield studies on same? Didn't think so! I have, and know what I am talking about! What hours does your shift sleep at the mine?
Welcome to the Canadian mining industry. It isn't about profit and loss, it is about jobs for miners! Unless of course a First Nations citizen objects.... Good luck with your investments!
Issue one is that lower grade ore results in lower recovery efficiency and much higher tailings generation. Issue two is that the efficiency of the higher grade ore metal recovery is reduced significantly by the dillution factor. The net of all this, is that the overall metal production is actually reduced by adding all the additional tonnage of 'waste' not to mention the huge increased operating costs for processing and equipment wear. Basic concentrator and recovery facts. Ore metal content is directly proportional to % recovery. The math is pretty simple and the facts are well established in the industry.
You must not know you are posting on the PAL board....? 'excellent management'......? You haven't been around PAL very long?
Why there is a delay in handing down the decision is a bit confusing. He may be wading through the volumes of minutiae brought in to the arguments to insure that he limits the opportunity for a technical challenge to his ruling. It would appear to be quite clear that there was a default of he lease, but the magnitude of the judgment and damages (if any) is a complex matter. He may need to have 'expert' input to quantify any damages. All IMHO! Good investing!
As usual 'newschecker' your post is non responsive and has no basis in fact......
That would show the World who the real leader is...!
Summary judgment pleadings were made before the Court in mid December.
That is what I 'heard' (or interpreted) from the Tylis comment! I think it is just a matter of when, not if, for future spinoff(s). Details in the information being released after the market closes today should give us more insight!
Ken, Like everyone who has been in NRF for very long, I follow dar,s input very closely. The timing and European assets vs Healthcare assets going first is what caught me off guard! All good, in my opinion!