@plough whats the difference on price when you sell concentrate material or gold bar ?
And why they sell some concentrate and some bullion if they can achieve better price with bullion ?
Is it the way the contracts are or it's harder for them to make it in bars ?
Also while you here can you roughly value the 71kt of tailings @ 3.7gt ? Can they get around 10koz from that ?
http://www.asx.com.au/asxpdf/20160523/pdf/437dxmkk4c0b6l.pdf
https://www.businessnews.com.au/article/Blackham-buys-100m-worth-of-in-situ-gold-tailings-for-15m
Ann: Revenue Generation Recommences-KBL.AX, page-166
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