Did you check the Strip Ratio of BLK / Staggering 26.8 to 1 means they need to remove 25 layers of soil before reaching Gold containing soil (Chart Attached). Average BLK stripping Ratio is around 20, that is still staggering (Forget those December figure of 5, I will trust them at all)
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Dead Duck
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Ask any expert, any where above 10 for low grade of 1.1 is totally uneconomical..
No wonder why BLK is loosing $10 Million each quarter.
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BLK Price at posting:
10.5¢ Sentiment: None Disclosure: Not Held
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