Wednesday, November 21, 2012 1:44:41 PM
Seems to me that was exactly one of the bones of contention that was disrupting one of the African projects.... that the South African partners wanted to spend JV money on creating a new capability to perform the bulk sample testing themselves, on site... rather than using existing off site capabilities at a much lower cost.
The separations work done in the 1950's cost Gulf Dominion a lot of money... in large part because they had to fund the school's development of the capacity to do the work ?
Using existing capabilities is faster and cheaper... than having to build them from scratch...
The value of the result will still depend on a lot of things... including how well matched the "existing" capability used is to the "optimal" capability that a specific set of rocks might require to maximize the value of the effort in extraction...
Feasibility means demonstrating the basic economic viability... first... and not necessarily proving up all the things that might be requirements in enabling what might be optimal processes... after decisions have been made to proceed ?
Getting this work done quickly using existing capability will save a lot of time, and a lot of money...
HKHE had previously funded some related engineering work ?
SRSR looks like they're already solidly engaged in collecting "parts" of the feasibility study...
It might surprise some how little time it takes them to get the "rest" of the study done... when they fund the rest of the work ?
The separations work done in the 1950's cost Gulf Dominion a lot of money... in large part because they had to fund the school's development of the capacity to do the work ?
Using existing capabilities is faster and cheaper... than having to build them from scratch...
The value of the result will still depend on a lot of things... including how well matched the "existing" capability used is to the "optimal" capability that a specific set of rocks might require to maximize the value of the effort in extraction...
Feasibility means demonstrating the basic economic viability... first... and not necessarily proving up all the things that might be requirements in enabling what might be optimal processes... after decisions have been made to proceed ?
Getting this work done quickly using existing capability will save a lot of time, and a lot of money...
HKHE had previously funded some related engineering work ?
SRSR looks like they're already solidly engaged in collecting "parts" of the feasibility study...
It might surprise some how little time it takes them to get the "rest" of the study done... when they fund the rest of the work ?
