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Re: Saving Grace post# 16373

Tuesday, 04/18/2023 3:03:03 PM

Tuesday, April 18, 2023 3:03:03 PM

Post# of 19297
That is incorrect
One of the two Merrill–Crowe plants was constructed before 2010 and relocated to the old Brimstone plant
The second Merrill–Crowe and the crushers were built by Allied Nevada and commissioned in 2013. The crushers failed and were rebuilt by FLS equipment in 2019.
Allied Nevada also purchased the Mills and motors for the large Mill but some or all have been sold by current management.
There is no mining equipment on site, there is also no milling equipment capable of processing the sulfide ore at Hycroft. This is all from public documents and disclosures.
Current management has suggested that later this year they will update the technical report with a flow sheet and capital requirements to process the Sulfide ore
It is anticipated this capital will be over $1.7B and will take 3 years to construct after it is fully permitted
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