RIE 20.0% 0.3¢ riedel resources limited

I listened to that interview , in it they stated they needed to...

  1. 33,292 Posts.
    lightbulb Created with Sketch. 1691
    I listened to that interview , in it they stated they needed to get met results done before looking at the direction forward .

    Since then Met results have come out a (couple of months back ) , to me the flow sheet for the highest recoveries looked complex which is understandable as base metals and even Ag in the ore can negatively impact Au recoveries (carbon loading ) , so the highest recovery process also included a flotation circuit , and I am guessing will also possibly need a Meryl Crowe circuit (Ag) to remove what really are deleterious elements .
    Also the grind size was around 70 microns , that is close to the limit a ball mill will grind to , not refractory but close to it , although it was interesting that they used a lab rod mill rather than a lab ball mill to do the grinding (maybe the ore is soft which is an advantage ) to keeping the BWI lower ?
    It would be interesting to see the recovery results of a larger grind size around 0.12 mm as maybe could allow plants that only have a SAG mill to toll process the ore also would lower the BWI

    The above are just my personal opinions .
    Last edited by plough: 01/05/24
 
watchlist Created with Sketch. Add RIE (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(20.0%)
Mkt cap ! $6.672M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $30 10.01K

Buyers (Bids)

No. Vol. Price($)
11 17083645 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 8728262 5
View Market Depth
Last trade - 10.06am 22/05/2024 (20 minute delay) ?
RIE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.